The Rocket Lab's recent performance has been remarkable, with shares up more than 350% over six months. Beck attributed this partly to investors' growing understanding of Rocket Lab's position as the second-largest space company behind Elon Musk-led SpaceX, which is valued at over $200 billion compared to Rocket Lab's sub-5% relative valuation. Looking ahead, Rocket Lab projects fourth-quarter revenue between $125 million and $135 million, anticipating continued growth through year-end. The company has also secured new contracts, including a multi-launch agreement with a commercial satellite constellation operator and an $8 million award from the U.S. Air Force Research Laboratory.
RKLB Surges 300% YTD! Which Space Stock is Your Pick?
The space concept stocks have suddenly become very popular this year.
Rocket Lab surged by 300% YTD.
Do you think space stocks will be the next big trend? Which space stock do you find most promising?
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