📈 Stock Market 10h ago · Dr. Robert Castellano

Rocket Lab’s 64% Collapse Tests Its Space Infrastructure Strategy

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The post Rocket Lab’s 64% Collapse Tests Its Space Infrastructure Strategy appeared first on 24/7 Wall St..
Rocket Lab’s reported decline from $151 in May to $54.73 on October 30 raises questions about the valuation of its expanding space infrastructure business.
The company already earns most of its revenue from Space Systems, while Neutron and the proposed Iridium acquisition could expand its role in the space economy.
November 9 earnings will test whether operating growth and the

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