The Rocket Lab's recent perfor

2024-11-14

The Rocket Lab's recent performance has been remarkable, with shares up more than 350% over six months. Beck attributed this partly to investors' growing understanding of Rocket Lab's position as the second-largest space company behind Elon Musk-led SpaceX, which is valued at over $200 billion compared to Rocket Lab's sub-5% relative valuation. Looking ahead, Rocket Lab projects fourth-quarter revenue between $125 million and $135 million, anticipating continued growth through year-end. The company has also secured new contracts, including a multi-launch agreement with a commercial satellite constellation operator and an $8 million award from the U.S. Air Force Research Laboratory.

Are Rocket Stocks the Best Choice for Trump Trade?

Send American astronauts to Mars and plant the Stars and Stripes. Trump’s executive order to send American astronauts to Mars aligns perfectly with Elon Musk’s vision. The biggest beneficiary is undoubtedly Destiny Tech100 Inc, a fund investing in SpaceX, which rose 8%. Other notable rocket stocks include Rocket Lab and Intuitive Machines, surged over 20% yesterday. Do you think space stocks will be the next big trend? Which space stock do you find most promising? Are rocket stocks the most certain bet for Trump Trade?

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