Meaning of “rocket” - Learner’s Dictionary

rocket

verb [ I ] uk us /ˈrɒkɪt/
INCREASE

to quickly increase in value or amount:

House prices have rocketed this year.
PROGRESS

to make quick progress:

She rocketed to stardom after modelling for Vogue last year.

(Definition of “rocket verb” from the Cambridge Learner’s Dictionary © Cambridge University Press)