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Markets · Investing · Business
Finance
SpaceX and Rocket Lab Have a New Space Rival -- in Norway
The number of space companies keeps growing, and this new entrant is a bigger threat to Rocket Lab than to SpaceX.
Valued at $2 trillion after its June IPO, Space Exploration Technologies(NASDAQ: SPCX) remains far and away the leader in the global space industry, with Rocket Lab(NASDAQ: RKLB) a distant second. Despite recently hitting a milestone of 94 successful launches, Rocket Lab's total launches to date are still fewer than SpaceX's annual launches.
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If both these leaders cast a glance in the rearview mirror, however, they just might glimpse a new competitor that has just entered the race behind them. Its name is Isar Aerospace.
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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.
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