A toy rocket launcher is adapted to pressurize a container, such as a two-liter bottle, and launch the pressurized container upon release of an internal release mechanism, The internal release mechanism locks the bottle rocket in place and releases it with a slight pull on a string. A tire valve may permit a user to pressurize the container with an air pump, such as a bicycle pump or an air compressor. An optional pressure gauge may be provided to monitor pressure in the container.
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