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SpaceX's Loss Is Rocket Lab's Gain (Long-Term Pick)

Source: SeekingAlpha

2025-08-26 10:23:06 ET

Rocket Lab Corporation ( RKLB ) has made it onto the U.S. government’s radar; Rocket Lab getting cozy with the U.S. government isn’t new news per se, but it’s definitely big news. The company announced a massive expansion of its U.S. operations over the weekend to produce space-grade semis and solar cells, winning an almost $24M CHIPS and Science Act award as part of Trump’s agenda to expand and consolidate the American supply chain for national security. This is a big leap for a company founded by Peter Beck, a self-taught engineer with the goal of democratizing space, and which competes with SpaceX ( SPACE ), founded by multi-billionaire Elon Musk....

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SpaceX's Loss Is Rocket Lab's Gain (Long-Term Pick)
Rocket Lab Corporation

NASDAQ: RKLB

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$38,475,280,666
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23
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Aerospace & Defense
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US
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