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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]
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 ...
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. ... but not one an investor should buy today due to its ...
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 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.
At a market cap approaching $5 billion, Rocket Lab stock does not look cheap. The stock has a price-to-sales ratio of 14.5, which is significantly higher than most other stocks. Gross margins are ...
Investors may believe Rocket Lab's run is done for now. On Saturday, the company announced its 16th successful rocket launch of the year, a 60% improvement over 2023's tally of 10 rockets launched.
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