If You'd Invested $10,000 in Rocket Lab Stock 3 Years Ago, Here's How Much You'd Have Today
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Rocket Lab's stock has seen significant growth, with a $10,000 investment three years ago now worth over $92,500. The company's success is attributed to its Electron rocket, which has launched 70 times with high reliability, leading to a 78% revenue increase in 2024. The upcoming Neutron rocket, expected to launch next year, presents further growth potential. Despite trading at over 45 times revenue and not yet profitable, the space economy is projected to reach $1.8 trillion by 2035, driving optimism among investors.
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