1 Magnificent Space Stock Down 50% to Buy and Hold Forever
Rocket Lab USA(RKLB) The Motley Fool·2024-10-15 09:25
This $5 billion company is poised to thrive in an industry that could surpass $1 trillion by 2040. It's hard to pinpoint which companies to invest in if you're looking for exposure to the space sector, a potentially lucrative opportunity over the coming decades. Space is already a hot industry for companies launching satellites into orbit, and tourism may eventually add fuel to that fire. Elon Musk's SpaceX, a large space company, isn't public. However, Rocket Lab (RKLB 1.86%), a SpaceX competitor, is. Rock ...