SpaceX's rival $Rocket Lab USA, Inc.(RKLB)$ made headlines with a 50% jump in stock price. The company reported impressive Q3 results, bringing in $105 million in revenue—a 55% increase year-over-year—despite a net loss of $51.9 million, up from $40.6 million last year.Rocket Lab has secured a multi-launch contract with a commercial satellite constellation operator, using its upcoming Neutron rocket. Scheduled for its first launch in 2025, Neutron aims to become part of the U.S. government’s $5.6 billion National Security Space Launch (NSSL) program—a high-stakes five-year initiative. With over 10,000 satellites expected to need launch services by 2030, Rocket Lab estimates this market could reach $10 billion.Competition Heats Up in Space:Among th
RKLB+50%! The Next To The Moon Stock is?
The space concept stocks have suddenly become very popular this year. Rocket Lab surged by 50% at one point after its earnings beat yesterday, reaching 240% YTD. Another space company, ASTS, is set to release its earnings on Thursday. Do you think space stocks will be the next big trend? Which space stock do you find most promising?
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