RKLB is valued at 80B with 200M in revenue for Q1 on 38% gross Margin with SpaceX IPO looming. Who's feeling fomo here?
u/LackToesToddlerAnts ·
Reddit — r/ValueInvesting
· May 22, 2026 at 14:57
· ⬆ 17 pts
· 💬 55 comments
| View on Reddit ↗
AI Summary
Summary
The post questions Rocket Lab’s (RKLB) $80B valuation against $200M quarterly revenue and 38% gross margin, while noting a SpaceX IPO looms.
The author contrasts RKLB’s high-growth, dilutive strategy with traditional value names like NVO, UNH, ADBE, and CRM, asking whether value investors feel FOMO.
Quality assessment: Speculation / opinion piece – provides financial data but no rigorous valuation model or thesis; mostly a sentiment check.
Score17
Comments55
Upvote %81%
▶ Full Post Text
Rocket Lab - one of the most thrown around name on this website but at this valuation what are your guys thoughts here? Compared to the market leader (SpaceX) it's valuation seems very tame and it's a pure play unlike SpaceX.
They also diluted the fuck out of their shareholder last year and half but investors seem to not fear it and actually appreciate it. RKLB has been using the money for strategic aqquistations.
Their financials
- They reported a record-breaking $200.3 million in revenue for Q1 2026 whihc is 63.5% year-over-year increase. For the upcoming Q2 2026, the company expects to break that record again, issuing revenue guidance between $225 million and $240 million.
SOURCE - YAHOO FINANCE
Gross Margin: Hit a record 38.2%.
Adjusted EBITDA: Narrowed to a loss of $11.75 million, which represents a 60.8% improvement year-over-year.
Backlog: Surpassed a record $2.2 billion, buoyed by major Electron, HASTE, and Neutron launch contracts.
How do you value investors feel not buying into this and instead going in on NVO, UNH, ADBE, and CRM type "value investments" on biggest bull run?