Is Rocket Lab (RKLB) The Best Space Stock to Buy Now?
Key takeaways
- Is Rocket Lab (RKLB) The Best Space Stock to Buy Now?
- Before Space X IPO'd, Rocket Lab (NASDAQ:RKLB) was one of the top space infrastructure plays.
- Rocket Lab (NASDAQ:RKLB) operates multiple rocket systems.
Is Rocket Lab (RKLB) The Best Space Stock to Buy Now? Fahad Saleem Fri, July 3, 2026 at 10:31 PM GMT+7 2 min read RKLB SPCX We just covered Avoid Space X and Buy These 11 Stocks Instead. Rocket Lab (NASDAQ:RKLB) ranks #10 (see Avoid Space X and Buy These 5 Stocks Instead).
Before Space X IPO'd, Rocket Lab (NASDAQ:RKLB) was one of the top space infrastructure plays. But when Space X went public at a $2 trillion valuation, investors said, "Why buy the proxy when I can own the real thing? The stock is down about 30% over the past month. But Redditors believe the business fundamentals didn't get worse. The company still has all its contracts, all its backlog, and all its growth prospects. The selloff was pure capital reallocation, not deteriorating business performance.
Rocket Lab (NASDAQ:RKLB) operates multiple rocket systems. Their main workhorse is the Electron rocket, which launches small payloads into orbit. Clients include government agencies, defense contractors, and commercial satellite operators who need to get their satellites into space.