Better Vertically Integrated Space Stock: SpaceX or Rocket Lab?
Rocket Lab is following SpaceX's vertically integrated playbook.
Overview
In the space business, the companies pulling ahead share a common trait: They don't just do one thing. They build the rocket, launch it, make the satellites it carries, and increasingly sell the service those satellites provide.
That approach, called vertical integration, is the strategy investors should be studying, and the two purest public examples are Space Exploration Technologies (NASDAQ: SPCX) (SpaceX) and Rocket Lab (NASDAQ: RKLB). Both are chasing the same integrated model, but which one is the better stock to own for it?
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Originally published at www.fool.com.
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