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Growth investors would love to get their hands on SpaceX stock. The space economy is booming, and it's estimated to hit $1 trillion in spending by 2030, and SpaceX is the clear leader in the industry.
Data source: Rocket Lab USA. But in the first half of 2024, its revenue surged 70% year over year to $199 million as it launched five more Electron rockets and signed 17 new launch contracts.
The stock is already up 26% this year. For premium support please call: 800-290-4726 more ways to reach us
Rocket Lab USA (NASDAQ: RKLB), a developer of reusable orbital rockets, went public by merging with a special purpose acquisition company (SPAC) on Aug. 25, 2021. Its stock opened at $11.58, but ...
From my seat, this upside makes Rocket Lab a buy-and-hold stock at current prices. It may be a multi-decade story, but the stock has a ton of upside if you are bullish on the growth of the space ...
Rocket Lab USA (NASDAQ: RKLB) certainly seems to fit the bill as it aims to capture a slice of the rapidly expanding space satellite and rocketry industries. The industry is currently dominated by ...
Over the past year, Rocket Lab stock has surged higher as it continues to grow its launch cadence and sign new agreements. At around 26 times sales and 20 times next year's projected sales, the ...
Investors who bought after BlackSky's earnings miss may have failed to read the fine print.