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By contrast, Rocket Lab's market cap currently hovers around $12.4 billion. Granted, this is a little rich based on Rocket Lab's current sales figures and lack of profitability.
It has a market cap of $11.4 billion. Even if Rocket Lab's annual revenue grows to $1 billion, it will still trade at a P/S above 10. Another concern is the lack of profitability. Rocket Lab has ...
While I tip my cap to Rocket Lab's progress, I wouldn't buy the stock on speculation that it could one day eclipse the size of SpaceX. Can the stock really make you a millionaire? So far in 2024 ...
Rocket Lab is taking advantage of the booming space economy, which analysts estimate will have over $1 trillion in annual spending within the next 10 years. ... At the current market cap of $5.3 ...
Despite growing sales 55% and beating its launch record for all of 2023 with months to spare in 2024, Rocket Lab actually lost $0.10 per share for the quarter. Rocket Lab Is Raising Prices -- and ...
[74] [75] [72] Rocket Lab's launch business booked revenues of $13.5 million in 2018, $48 million in 2019 and an estimated $33 million in 2020. [72] Rocket Lab spent somewhere between $250 million to $300 million of the cash gained from going public to develop Neutron. [76] Rocket Lab aimed to launch Neutron by 2025. [77]
In 2019, he was appointed as an adjunct professor for the University of Auckland. [13] Both Rocket Lab and Beck were awarded the Pickering Medal by the Royal Society Te Apārangi in 2020. [14] In 2023, Rocket Lab and Peter Beck were featured in Ashlee Vance's new book, "When the Heavens went for sale".
The stock is also up over 100% this year and now has a market cap of $5.4 billion, which is more than 10 times its trailing sales. I see it this way: If you bought Rocket Lab stock and rode it to ...