Rocket Lab Corporation (RKLB)
Rocket Lab Owns 2/3 of the U.S. Launch Market -- That Isn't SpaceX
Rocket Lab showed fantastic growth in its Q2 earnings report last week. It's not the only space company that's growing, however.
Avoid Virgin Galactic stock: buy Rocket Lab instead
The space industry is growing and nearing a pivotal era as companies like Virgin Galactic (SPCE), Blue Origin, and SpaceX start offering their services. A report by Morgan Stanley estimates that the industry is worth about $350 billion and that it will get to $1.8 trillion in 2035.
Rocket Lab: Way More Upside Than Previously Thought
We rated Rocket Lab a 'Strong Buy' in January due to the company's sizable backlog, progress on Neutron, and potential 'space economy' upside. Today, the company continues to execute, and we like management's freshly articulated strategic aim for the company - to get into space services. While the valuation is speculative, we think it's worth taking a shot on this competent team and impressive track record.
David Vs. Goliath: Rocket Lab Is Coming For The Big Boys
Elon Musk's impressive innovations include SpaceX, valued at $210 billion, dominating commercial spaceflight and benefiting Starlink with over 3 million subscribers. Rocket Lab, a competitor to SpaceX, has seen a 71% revenue increase in 2Q24, with a strong backlog and strategic R&D investments for future growth. While Rocket Lab is not yet profitable, its success with the Electron rocket and upcoming Neutron project positions it well against competitors like SpaceX, showing significant potential for the future.
Great News for Rocket Lab Stock Investors!
Rocket Lab is one of the most innovative stocks in the market today.
Why Rocket Lab Stock Rocketed 18% Today
Rocket Lab has shipped two new spacecraft to Cape Canaveral to perform an ESCAPADE mission for NASA. The ESCAPADE mission has a reported budget of $55 million.
Prediction: This Will Be Rocket Lab's Biggest Growth Driver by 2030
Rocket Lab is the only successful private launch company besides SpaceX. The company is betting big on its next rocket, called the Neutron.
Why Rocket Lab Stock Sank 5% Tuesday
Rocket Lab CEO Peter Beck posted photographic evidence yesterday of progress being made on the company's new Neutron rocket. Wall Street analysts expect Rocket Lab to begin earning profits roughly at the same time it begins launching Neutron.
Rocket Labs' Growth Could Be Ready For Orbit
Rocket Labs reported record revenue of $106 million, up 71% year-over-year, with an order backlog of $1.07 billion. Launch Services segment revenue slightly exceeded guidance, while space system segment revenue met expectations. The company has a strong balance sheet to manage its operating timeline and has a project scheduled for 2025 that can compete with the market leader.
Prediction: Rocket Lab Gets a New Neighbor in SpaceX
Five years ago, New Zealand rocket launcher Rocket Lab announced plans to set up a launch site in the United States. Now, U.S. space giant SpaceX may be contemplating setting up a rocket base in Australia.
Rocket Lab Stock Popped This Week. Here's Why.
Rocket Lab posted strong growth for the second quarter. Its backlog is now over $1 billion.
Rocket Lab's Archimedes engine test ‘a significant catalyst' for new Neutron rocket, Cantor says
Rocket Lab USA Inc.'s successful test of its Archimedes engine bodes well for the space-launch company's new Neutron rocket, says Cantor.
