Rocket Lab's stock was upgraded to a bullish rating following a more than 40% pullback and improved fundamentals. The company reported record Q2 revenue of $234.07 million, a 62% increase year-over-year, supported by a strong backlog indicating solid demand. The recent acquisition of Iridium enhances Rocket Lab's space infrastructure capabilities and opens new satellite communications opportunities. Despite some near-term delays in the Neutron launch, the valuation has become attractive with a forward price-to-sales ratio of 40, suggesting a favorable risk/reward balance for investors.
Space stocks, including Intuitive Machines, Rocket Lab, and Redwire, are experiencing significant declines, with Intuitive Machines falling 7% despite expanding its satellite manufacturing business. The sector-wide selloff contrasts with the broader ...
Rocket Lab has canceled its $3.6 billion bridge loan without borrowing any money and fully funded its acquisition of Iridium Communications. Iridium's approximately $500 million annual EBITDA significantly improves Rocket Lab's financials, turning an...
Space stocks, including Redwire, Rocket Lab, and Intuitive Machines, are selling off together with Redwire shares dropping 5% despite the company signing new contracts like a follow-on deal with Axiom Space and an agreement with Sophia Space. This se...
SpaceX shares fell 2% following reports that the company is seeking $40 billion in debt financing to purchase NVIDIA AI chips, fueling concerns about leverage in the capital-intensive space sector. This move aims to expand SpaceX's AI computing busin...
In October 2026, three space stocks—AST SpaceMobile, Rocket Lab, and Lockheed Martin—offer distinct investment profiles amid growing defense spending and satellite connectivity demand. AST SpaceMobile leads in technology with its BlueBird satellites ...
