A self-propelled rocket toy includes an elongated body located along a longitudinal axis having a top end opposite a bottom end. The body includes at least two supports outwardly extending from and fixed relative to the body. A propeller is centered about the longitudinal axis located at the bottom end. An electric motor is disposed within the body and mechanically connected to the propeller. A power source is disposed within the body and electrically connected to the electric motor. An activation mechanism is electrically connected to the electric motor and the power source. The activation mechanism may be a launch button. A countdown timer is in communication with the electric motor and the power source configured to delay the activation of the rocket after the launch button is pressed by a user. A flight timer is configured to automatically turn off the electric motor after a predetermined time has elapsed.