Should You Buy Rocket Lab Stock After It Just Won Its Largest Launch Contract in History?

Rocket Lab announced a $266 million contract with the U.S. Space Force for 12 suborbital missions with options for six more. Despite the stock falling over 50% from its May peak of $151, the company has $2 billion in backlog and is nearing launch of its reusable Neutron rocket. The analyst views this as a positive catalyst for the space company and recommends it for patient, risk-tolerant investors.