Rocket Lab's Founder Peter Beck Just Became The World's Newest Space Billionaire [Forbes]
Rocket Lab USA, Inc. (RKLB)
Company Research
Source: Forbes
Investors have driven the stock up by more than 300% over the last year. Shares of Long Beach, California-based Rocket Lab USA closed at an all-time high Friday, boosting the fortune of the firm's New Zealand-born founder and CEO Peter Beck to an estimated $1 billion for the first time, Forbes estimates. The company, which develops and launches rockets, satellites and other spacecraft for government and commercial customers, has seen its stock soar by more than 300% over the last year. Beck's 10% stake is now worth nearly $970 million. Plus he is estimated to have nearly $65 million from selling shares of the company over the years. Rocket Lab's stock jumped by 45% on Wednesday alone, after the company announced a record revenue forecast of $125 million to $135 million for the fourth quarter of 2024, a multi-launch agreement with a commercial satellite constellation operator for a larger, more fully-reusable launch vehicle, called Neutron, that Rocket Lab has been developing since
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RKLB
News
- Rocket Lab USA, Inc. (RKLB) Crossed Above the 50-Day Moving Average: What That Means for Investors [Yahoo! Finance]Yahoo! Finance
- Is Rocket Lab Stock a Millionaire Maker? [Yahoo! Finance]Yahoo! Finance
- Rocket Lab USA, Inc. (NASDAQ: RKLB) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $5.00 to $12.00. They now have a "neutral" rating on the stock.MarketBeat
- Why Rocket Lab Stock Keeps Going Up [Yahoo! Finance]Yahoo! Finance
- Is Rocket Lab USA Stock a Buy? [Yahoo! Finance]Yahoo! Finance
RKLB
Earnings
- 11/12/24 - Beat
RKLB
Sec Filings
- 11/21/24 - Form 4
- 11/19/24 - Form 144
- 11/18/24 - Form 4
- RKLB's page on the SEC website