Rocket Lab has surpassed Air New Zealand as the most popular holding among retail investors on the Sharesies platform, signaling a sharp recovery in market sentiment across New Zealand and Australia.
Data from the June quarter shows that close to 70,000 Sharesies investors held positions in the space company by the end of June.
The shift coincides with a broader rebound in retail investor confidence, which rose from 43 to 57 during the same period.
The surge in retail interest aligns with growing analyst optimism regarding Rocket Lab’s strategic pivot.
Recent research has highlighted the company’s operational shift to mirror SpaceX, with some analysts projecting significant upside potential as the firm solidifies its position in the commercial space sector.
While Air New Zealand remains a staple in many portfolios, the rotation toward high-growth technology and space assets suggests retail investors are increasingly willing to take on risk as confidence returns to the market.