$Rocket Lab USA, Inc.(RKLB)$ my beautiful unicorn stock, is a 3.5x for me Now. To be fair, I wasn't expecting it to shoot up this quick. Then again I see institutions starting to jump in. I was expecting a 2x by Christmas, so I guess Santa decided to give me an early present. Will it retract or stay where it is?
I think it could pull back a little, but I'm expecting some good news before the end of the year or early next year... capped call transaction completed and repayment of the $350 million loan, a big new satellite contract of half a billion and/or access granted into the SDA satellite launch tranch. All three will happen, the only question is when.
It mite pull back if it doesn't launch electron a few more times in Q4, but that's the only headwind as I see it. But at this point with 54 launches under their belt, and $8.5 mil a launch, it's not a big issue given how much more revenue comes from space systems. And when they start launching the neutron rocket at $55 mil a pop... well Electron is a nice little business, but going forward less and less significant.
But wait you say... theirs spaceX and Elon that will get even more of the space pie. Well that's actually fine, cause rocket lab supplies a lot of the subsystems they require. Reaction wheels, star trackers, the number one supplier of space solar panels in the world.
Oh I could go on. But I won't. Instead I would love to here from all my friends here in tiger trade. have my previous posts on RKLB inspired any of you to do your own DD on my little unicorn stock. Have you then invested, and how much money have you made?
Happy trading fellow tigers :)
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