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1 Monster Space Stock I'm Watching This Upcoming Earnings Season
The Motley Fool·
Rocket Lab, a developer of reusable orbital rockets and satellite components, has surged from $11.58 at its 2021 SPAC debut to around $64. The company generates 70%+ revenue from space systems and is acquiring Iridium for $8 billion. Analysts project 43% revenue CAGR through 2028, with positive EBITDA expected by 2027. Despite a 27x forward sales valuation, the stock offers a smaller alternative to SpaceX in the growing space sector.
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