Why Rocket Lab Stock Keeps Going Up
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Rocket Lab's stock has surged for ten consecutive days, rising 5.7% after announcing new rocket launch contracts with Japan's JAXA. The company plans to launch two rockets in 2025 and 2026, contributing to its goal of 20+ launches this year. Despite the growth in launch cadence, the low-margin nature of the business raises concerns about long-term profitability. Investors are currently rewarding Rocket Lab's performance, but the stock's high valuation suggests potential volatility ahead.
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