Why Rocket Lab Stock Rocketed Higher Today
SpaceX does not equal Rocket Lab. Be careful about comparing the two space stocks.Rocket Lab (RKLB +10.45%) stock soared to close up 10.4% on Thursday, despite having to abort a planned rocket launch yesterday to "assess sensor data."The most likely reason for the shares rising in the face of, at best, neutral news on the business: Rocket Lab archrival SpaceX, already the biggest space company on the planet, is planning to get even bigger.Potentially, $1.5 trillion big.Because SpaceX will IPO in 2026. Space ...