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Barchart
Barchart
Sushree Mohanty

Is Rocket Lab Stock a Buy, Hold, or Sell After Earnings?

The rise of the space economy has resulted in unprecedented demand for satellite launches, thanks to private sector involvement, artificial intelligence (AI), and renewed government focus. According to McKinsey & Company, the global space economy is expected to be worth $1.8 trillion by 2035.

Founded in 2006, Rocket Lab (RKLB) is emerging as a major player in the aerospace and space technology industry. Rocket Lab has established itself as a formidable competitor in this burgeoning market, thanks to its innovative approach to small satellite launches and an expanding portfolio of space systems solutions.

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