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What does skyrockets mean?

Looking for the meaning or definition of the word skyrockets? Here's what it means.

Verb
  1. Third-person singular simple present indicative form of skyrocket
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Examples
Kiki was still out there even though it had grown dark, shooting skyrockets zipped and exploded into myriad colors in the night dark sky.
Indeed, at the first indication of American casualties, political risk skyrockets.
The accountant's cash forecast has also been bullwhipped, as the payables line item alternatively skyrockets and dives.
In the springtime, when the animal has its growth spurt, this shortage skyrockets to 60 percent.
Though the bluefin market skyrockets during this time, most of the US catch ends up on the auction block in Tokyo.
The crowd at St Heliers Bay was a rowdy bunch that year, with music, alcohol, fireworks, skyrockets and copious amounts of police.

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