Today's 7investing podcast is all about Rocket Lab!
The space economy is hitting an inflection point. And that will be good news for its earliest investors.
Eastern European conflicts, standoffs between China and Taiwan, and new commercial interests are creating a trillion-dollar industry in Earth’s orbit.
And this is much more than just glorified media hype. An unprecedented number of applications is forcing the FCC to streamline its review process, as the number of active satellites is growing incredibly quickly.
Rocket Lab (NASDAQ: RKLB) is in the perfect position to benefit. This small-cap, small-launch provider’s revenues will skyrocket during the next decade, while also dramatically reducing its costs due to the reusability of its rockets.
Its rocket scientist CEO Peter Beck is a New Zealand gem, not afraid to get his hands dirty and don the hard hat to build bigger rockets and serve more demanding customers. Credibility and long-term relationships are vitally important in the launch industry. Rocket Lab is gaining both…at an accelerating pace.
The Solar System is the limit for this disruptor. Rocket Lab is a very high risk investment who faces a myriad of challenges, but is also growing quickly in a massive and mostly unexplored new market. It’s time to place another bet on the Final Frontier.