Prediction: Here's What a $10,000 Investment in Rocket Lab Will Be Worth in 5 Years
It's hard to make predictions, especially about the future.
Overview
Rocket Lab (NASDAQ: RKLB), the once-tiny space stock that wants to be Space Exploration Technologies when it grows up, held its IPO (albeit as a special purpose acquisition company) just over five years ago. If you'd put $10,000 into Rocket Lab back then, you'd be sitting on more than $65,000 today -- a total return of more than 560%.
And good for you if you did that! Newer investors, though, may be more interested in knowing what $10,000 invested in Rocket Lab stock now will be worth in another five years.
Details
And that's what I'm going to try to figure out today.
Source
Originally published at www.fool.com.
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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.