$RKLB By @jonny_mac37
One thing Iโve learned as an investor is that if you truly believe in a long term thesis, you have to be willing to endure short term volatility. Thatโs exactly how I view space stocks.
Many people look at companies like Rocket Lab and see rockets. I see something much bigger.
Rockets are simply the transportation layer. The real story is the infrastructure being built for what may become the next great economic frontier.
Throughout history, humanity has always expanded into new frontiers. We crossed oceans, connected continents with railroads, conquered the skies with aviation, and built an entirely new digital world through the internet. Now we are expanding into space. Modern life already depends on space more than most people realize. GPS, weather forecasting, communications, military intelligence, missile defense, Earth observation, and global connectivity all rely on assets in orbit. As technology advances, our dependence on those systems will only grow. The trend seems clearโฆ more satellites, more launches, more defense spending, more communications infrastructure, and more commercial activity in orbit. That is why I believe the space economy is still in its early innings. Many investors focus on launch revenue, but the most interesting companies are becoming much more than launch providers. They are building satellites, spacecraft systems, defense technologies, communications networks, and the infrastructure that future space activity will depend on. Will there be pullbacks? Absolutely. Every transformational industry has experienced them. The internet changed the world, yet many of its biggest winners suffered massive declines along the way. Companies that became household names endured drawdowns of 50%, 70%, and even 90% before eventually reaching new highs years later.
A great industry does not guarantee a smooth stock chart.
Thatโs why I try to focus less on where a stock might trade next quarter and more on where the industry could be in ten or twenty years. Of course, there are risks. Not every space company will succeed. Some will fail. Competition is fierce, capital requirements are massive, and government priorities can change. But the broader thesis remains compelling. If humanity continues advancing technologically, our dependence on space will increase. If our dependence on space increases, the companies building the infrastructure that supports that future could become some of the most important businesses of the next generation.
Space is not just another sector.
It is the final frontier of mankind.
And for that reason, I remain a long-term believer. ๐
One thing Iโve learned as an investor is that if you truly believe in a long term thesis, you have to be willing to endure short term volatility. Thatโs exactly how I view space stocks.
Many people look at companies like Rocket Lab and see rockets. I see something much bigger.
If our dependence on space increases, the companies building the infrastructure that supports that future could become some of the most important businesses of the next generation.
Space is not just another sector.
It is the final frontier of mankind.
The Space Force called, and we launched. From call up to lift-off in just 16 hours 42 minutes ๐ฏ Rocket Lab has made history - the fastest response time ever for a @USSF_SSC Tactically Responsive Space mission.