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Stock impact report

Huge News for Rocket Lab Stock: Here's What Comes Next [Yahoo! Finance]

Rocket Lab USA, Inc. (RKLB) 
Company Research Source: Yahoo! Finance
The company dominates the private rocket launch market, which is growing like gangbusters and is the key backbone of the burgeoning space economy. It also has the Starlink satellite internet business to boot. But what if I told you investors can invest in the potential second coming of SpaceX? I'm talking about Rocket Lab (NASDAQ: RKLB) , a publicly traded space economy stock that is nipping on SpaceX's heels. The company just hit a huge launch milestone and is signing deals left and right to build its customer backlog. Here's what might come next for Rocket Lab, and what investors need to know about the stock. Fastest to 50 launches in history Rocket Lab entered the launch market by targeting a niche of smaller payloads (payloads being the size and weight capacity for a rocket). It debuted the Electron rocket years ago for companies and government to do smaller, flexible launches when SpaceX was going bigger. With an engineering-led team, this strategy has worked wonderfully, Show less Read more
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