Thursday, August 17

Rocket Lab: Why This Stock Has a Long Way to Go

Our favorite growth position has been and continues to be Rocket Lab ($RKLB) as they completely take over a growing niche in the small-to-medium satellite business. 

Rocket Lab has firmly established a near-exponential model by being a 'space-as-a-service' platform that can gather revenue from every stage of an exploding satellite industry. 

More importantly, RKLB effectively doubled its capacity to build and service its operations by acquiring Virgin Orbit's Long Beach production facility basically for free after they were forced to cease operations. 

There is an immense amount of capital flying around rockets and the satellite industry on the heels of Elon Musk and SpaceX achieving such insane value. And Rocket Lab continues to demonstrate how they'll be able to bring huge chunks of that revenue down to Earth as they continue to expand their operations. 

So, let's take a deep look at their latest earnings report now that the market is done with their buying spree and see where else they can push value across the next year. 

The details here are out of this world, but let's try to being them down to a more conversational level👇

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