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Up 500% in the Past Year: Why Investors Are Falling in Love With This Hypergrowth SpaceX Competitor
RKLBRocket Lab USA(RKLB) The Motley Fool·2024-11-30 23:18

Rocket Lab (RKLB 6.27%) investors just keep on winning. The space flight company is up around 500% in the last 12 months, which is more than double the returns of Nvidia in that same time frame. It has been an incredible run for the stock, led by its increasing performance in space launches and satellite manufacturing, helping it compete with the dominant player in the sector: SpaceX.Here's why investors are uber-optimistic about SpaceX competitor Rocket Lab, and why the stock is up around 500% in the last ...