SpaceX's anticipated IPO presents an interesting idea to gain exposure to the rapidly expanding commercial space sector. Compared to the publicly traded Rocket Lab Corporation, my estimate show SpaceX to be a package combining growth, value, and market positioning. Starlink's vertical integration can potentially transform SPACE into a global telecom provider.
Shares of Rocket Lab Corp. (NASDAQ:RKLB) are down 7.9% to trade at $56.54, at last check, reversing its early morning gains despite officially launching its first dedicated mission over the weekend.
Rocket Lab (NASDAQ: RKLB) surged over 10% on massive volume, officially catalyzed by news that its 'Hungry Hippo' cargo, fairing for the next-gen Neutron rocket, passed final testing, alongside securing new funding from the Canadian Space Agency. The aggressive buying notably ignored a minor launch scrub announced a day prior.
| Aerospace & Defense Industry | Industrials Sector | Peter Beck CEO | XBER Exchange | US7731211089 ISIN |
| US Country | 2,100 Employees | - Last Dividend | - Last Split | 24 Aug 2021 IPO Date |
Rocket Lab USA, Inc. is a distinguished entity in the space and defense sectors, providing an array of services that span from launch to space systems solutions. Founded in 2006, and based in Long Beach, California, the company has carved a niche for itself by catering to a wide range of clients which include commercial entities, aerospace prime contractors, and various government bodies. Rocket Lab stands out for its innovative approaches in addressing the growing demands of the space industry, offering solutions that encompass not only spacecraft and launch services but also comprehensive on-orbit and constellation management. With an emphasis on accessibility and reliability, Rocket Lab aims to facilitate the exploration and utilization of space for a myriad of purposes, aligning with the broader objectives of scientific research, defense, and commercial exploitation.
Rocket Lab offers a diverse portfolio of products and services designed to meet the comprehensive needs of the space and defense industries: