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CoreWeave Inc (NASDAQ:CRWV) and Rocket Lab USA, Inc. (NASDAQ:RKLB) experienced significant gains of 22.64% and 17.69% respectively, driven by US government initiatives. CoreWeave is now part of the US Department of Energy's Genesis mission, which connects leading scientific institutions and technology providers to accelerate scientific discoveries and enhance national security.

Rocket Lab secured a contract with the US Space Force to provide 18 satellites. Despite these positive developments, both stocks are considered overvalued: CoreWeave is over 18% above its fair value, while Rocket Lab is over 57% overvalued based on valuation models. Investors seeking high-tech opportunities may want to explore other options.