Both rockets and missiles are vehicles that are designed to travel through the atmosphere or space. However, there are some important differences between the two. A rocket is a vehicle that is propelled by a rocket engine. It carries its own fuel and oxidizer and uses the reaction between the two to create thrust. Rockets are often used to launch satellites and spacecraft into orbit, as well as to send probes to other planets in our solar system. Information Source: https://www.fortunebusinessinsights.com/industry-reports/rocket-and-missiles-market-101822