Should You Ignore the SpaceX Hype and Buy Rocket Lab Instead?
Space stocks blasted off earlier this year, fueled by Space Exploration Technologies‘ (NASDAQ: SPCX) blockbuster June initial public offering. The excitement lifted companies across the space economy, sending many stocks soaring ahead of the public-market debut.
Since then, investors have encountered some turbulence. SpaceX remains near its IPO price, but shares have swung wildly between $105 and $225. Rocket Lab (NASDAQ: RKLB) has seen an even sharper reversal, plunging 65% from its June peak near $150.
That pullback may have created an opportunity. For investors seeking exposure to the growing space economy, is Rocket Lab now a better buy than SpaceX?
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