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Can Rocket Lab Stock Become the Next SpaceX-Like Success Story?

Vandita Jadeja

2h agoen

finance investing business

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24/7 Wall St.Can Rocket Lab Stock Become the Next SpaceX-Like Success Story?247wallst.com

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Rocket Lab (NASDAQ:RKLB) is doing something rare in aerospace. It is building a fully vertically integrated space platform while still burning cash. Q1 revenue hit $200.35 million, up 63.5% year over year, backlog reached $2.20 billion, and management just announced an $8 billion acquisition of Iridium Communications. Shares are up 33.44% year to date to ... Can Rocket Lab Stock Become the Next SpaceX-Like Success Story?

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