Rocket Lab Stock Analysis: Is It Worth Buying Below $70?
Rocket Lab (RKLB) has experienced significant stock volatility over the past year, rising more than 150% before falling nearly 55%. The company is pursuing a transformative acquisition of Iridium for $8 billion to expand into satellite communications and compete with SpaceX's Starlink. Rocket Lab reported trailing twelve-month revenue of $680 million, up over 1,000% in five years.
Topics: acquisitions space economy stock market