Jim Cramer on Rocket Lab: “While the Stock’s Cheaper Than SpaceX, It’s Still Pretty Darn Expensive”
Key takeaways
- Cramer called it a “well-loved space stock,” as he stated:
- Now, this is a well-known and well-loved space stock.
- They make individual satellite components and build custom spacecraft for clients.
Jim Cramer on Rocket Lab: “While the Stock’s Cheaper Than Space X, It’s Still Pretty Darn Expensive” Syeda Seirut Javed Wed, June 17, 2026 at 11:38 PM GMT+7 2 min read RKLB SPCX Rocket Lab Corporation (NASDAQ:RKLB) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Cramer called it a “well-loved space stock,” as he stated:
Next up is Rocket Lab, RKLB. Now, this is a well-known and well-loved space stock. It’s not undiscovered anymore, and the valuation reflects that. Rocket Lab’s a one-stop shop. It builds the rockets that fly to space and the satellites that operate once they get there. Just today, it joined the Nasdaq-100, but even that was enough to pop up the stock, which dropped 11%. Again, it’s because it’s a source of funds for SpaceX. Right now, space systems generates the lion’s share of the company’s revenue due to some massive prime manufacturing contracts.
They make individual satellite components and build custom spacecraft for clients. Electron, its signature small-lift orbital rocket, has matured into a reliable platform for launching small satellites. Rocket Lab achieved more than 20 launches last year. The company’s on track for even more launches this year. Launches are hard to do. At the same time, they have this other platform, it’s called HASTE, which… the military uses for supersonic test payloads. That gives Rocket Lab exposure to the defense budget, and there’s a lot of meat in there, lots of fat too. Why don’t we call it marbled? Then there’s Neutron, the company’s next-generation medium lift rocket that could push Rocket Lab into more mainstream commercial and national security launches.