RKLB is not quite the “SanDisk of space”. The bottleneck narrative is similar, but SanDisk had proven cash flows. Rocket Lab USA, Inc. (RKLB) is still scaling. At ~US$45–50B vs ~US$600M revenue, valuation already prices in strong execution. It is one of the few credible space players, but upside now depends heavily on Neutron and defence growth.

AST SpaceMobile, Inc. (ASTS) after -10% is not automatically cheap. It remains pre-scale, with delays and weak earnings. Treat it as venture-style. Only buy small if you believe in long-term execution.

Terafab looks like a Musk-style moonshot. Strategically logical, but extremely capital intensive. Likely cash-burning near term, with uncertain timelines.

# SpaceX IPO Sprinting! Are Space Stocks the Chosen One?

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