Could Buying RKLB Before the SpaceX IPO Set You Up for Life?

SpaceX's upcoming IPO is valued at over 100x sales with significant losses from its unprofitable AI division offsetting Starlink's gains, making it an unattractive investment. Rocket Lab, a smaller competitor, offers faster growth, more reasonable valuation at 62x sales, and a clearer path to profitability without cash-burning AI operations, positioning it as a potentially better long-term investment.