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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
As tuition skyrockets, financial aid has become as elusive as that needle in the proverbial haystack.
The laws of supply and demand take over and the price tag on vintage posters skyrockets.
One effect of that is that the urge to find ways to make a buck rather than a peso for a work-unit skyrockets.
The album opens with a string of potential singles, lined up to be launched like skyrockets.
Wats are to be adorned with lanterns, flowers and joss sticks as symbols of worship, and skyrockets will be lit for three days to celebrate.
Homer's popularity skyrockets when he is chosen as the leader of a secret organization.

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