In comparison with perceived market-leader SpaceX, Rocket Lab USA's (NASDAQ:RKLB) valuation is underwhelming. Given its $2.5 billion market capitalization, Rocket Lab is eclipsed by the $127 billion SpaceX. However, analysts believe that assessing Rocket Lab's true worth warrants a look beyond its immediate financial results and into the pieces it is adding to the game.
Looking beyond valuations, Rocket Lab had been operating at a loss for at least the last 12 months. Despite this, it saw its shares grow 26% over the last month. It hit $5.55 on Aug. 4 when its launched a U.S. spy satellite in New Zealand atop its Electron booster. It reached another high on Aug. 8 at $5.60 before closing the day at $5.45.
