Search results
Results from the WOW.Com Content Network
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 ...
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.
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 ...
[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]
Rocket Lab's revenue is the highlight of its business. In the last three years, the top line is up a cumulative 425%, making it one of the fastest-growing companies in the world. ... The stock is ...
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".
Rocket Lab is valued at a fraction of that, with a market cap of around $9.5 billion. ... Rocket Lab named one of its rocket engines "Rutherford" after the Nobel Prize-winning New Zealand ...
The New Zealand Space Agency was formed in April 2016 under the country's Ministry of Business, Innovation and Employment.The aim of the agency is to promote the development of a space industry in New Zealand and to reap its economic benefits, [1] [2] and to regulate the country's growing commercial space industry.