SpaceX and Rocket Lab's Financial Performance and Market Valuation Compared
SpaceX reported $18.5 billion in revenue and $8 billion in EBITDA in 2025, while Rocket Lab generated $602 million in revenue and operates at a loss. SpaceX is set to debut at a $2 trillion valuation with a price-to-sales ratio of 108, significantly higher than Rocket Lab's 67 P/S ratio. The comparison highlights the stark differences in financial performance and market expectations between the two space companies.
Topics: financial performance IPO Rocket Lab SpaceX valuation