Author argues Rocket Lab benefits from SpaceX hype and looks cheap relative to SpaceX's high internal valuation.
RKLB — LONG Author argues SpaceX hype lifts Rocket Lab through sector sentiment and that SpaceX's high internal valuation makes RKLB look cheap. RKLB is not just launch vehicles but builds satellites and space parts, with Neutron as a focus. Cites Tranche 3 contracts as an example of additional opportunity.
SpaceX hype is good for RKLB, rising tide buoys all ships etc. More importantly, the ridiculously high valuation SpaceX has internally makes RKLB look cheap. It's not just launch vehicles, it's who is building satellites for every other company, parts for space exploration missions etc.