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Where Will Rocket Lab Be in 1 Year?


The was a time when the key players in space exploration were all government-run operations, but over the past few decades, privately run projects like SpaceX and Blue Origin have become a bigger part of the picture. Investors looking to get in on the action may wish they could buy into Elon Musk's SpaceX, but that company doesn't plan on making a public stock debut anytime soon.

One space company that you can invest in is Rocket Lab USA (NASDAQ: RKLB). Its stock has surged by 186% since falling to its all-time low in mid-April.

Rocket Lab conducts the second-most space launches in the U.S., and it's continuing to ramp up the pace. The company projects that it will conduct 15 to 18 launches this year, roughly twice as many as it conducted in 2023, and it has a robust backlog. And it has something even more important in the works.

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Source Fool.com

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