Could Buying RKLB Before the SpaceX IPO Set You Up for Life?
It might be smart to scoop up some Rocket Lab shares as the market focuses on SpaceX.
Could Buying RKLB Before the SpaceX IPO Set You Up for Life?
Overview
SpaceX will likely become the biggest IPO in history when it goes public on June 12. But at its target valuation of $2 trillion, it would be valued at 107 times last year's sales. That's a bubbly valuation, even for a company that grew its revenue by 33% in 2025.
SpaceX also still generates most of its revenue from Starlink, its satellite internet service. Starlink is profitable, but the losses from SpaceX's space division, which produces its Falcon rockets, and its AI division, which owns xAI and X, are completely erasing those gains.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
- 51% of U.S. adults say the American Dream is out of reach for most people right now: CNBC survey
- A massive 16% market swing just rocked South Korea over 24 hours. The retail ‘ants’ holding the wheel are driving dangerously.
- I’m 60, retired with $3 million. My fiancée, 55, has $1 million but plans to work for the next 10 years. Are we compatible?
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
