Rocket Lab shares jump after the company secured a spot in the Nasdaq-100 Index, boosting visibility among institutional investors.

Rocket Lab (NASDAQ: RKLB) shares are in focus Tuesday as the looming SpaceX IPO continues to draw capital into publicly traded space names.

Rocket Lab shares are trading marginally lower Wednesday as the market digests the recent space-sector "halo trade" tied to the SpaceX IPO countdown.