RKLB - Is Rocket Lab a Millionaire Maker?
2024-06-27 07:58:00 ET
The concept of space as a new, accessible frontier is steadily shifting from Hollywood script to reality. Governments and enterprises are launching thousands of satellites into orbit, and the U.S. created the Space Force a few years ago. It's only the beginning.
According to estimates by Morgan Stanley , the space industry will grow to over $1 trillion by 2040. However, it's still early for investors because there aren't many dedicated space-focused companies in which to invest. Rocket Lab USA (NASDAQ: RKLB) could be one of them.
Here is why this risky space stock packs millionaire-making potential.
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Is Rocket Lab a Millionaire Maker?