1 also rocket upBF
if a price or amount rockets, it increases quickly and suddenly:
Interest rates rocketed up.
rocket (from something) to something
Car sales rocketed from 180 to 2000 a year.
2 [always + adverb/preposition]
to move somewhere very fast [= shoot]:
The train rocketed through the tunnel.
Larsson's shot rocketed into the back of the net.
3 [always + adverb/preposition]
to achieve a successful position very quickly [= shoot]
Their new album rocketed to number one in the charts.
Beatty rocketed to stardom after his first film.