Rocket Lab (RKLB) is still called a launch company. This is understandable, as rockets are what put the company on the map. While Electron remains a core part of the business, Neutron is moving closer to its first flight. However, Rocket Lab’s recent second-quarter results showed that rockets are only one piece of the company’s real strategy. Rocket Lab is simultaneously building businesses that will help it make money before, during, and after launch.
Let’s take a closer look.