Encapsulation complete.
BlueBirds 8, 9, and 10 are now secured inside Falcon 9's fairing ahead of launch.
A stacked configuration powered by advanced carbon fiber structures, engineered to withstand ascent forces comparable to carrying a fully loaded space shuttle orbiter during launch. πͺ
Next stop: launch. ππππππππππ
Built in Texas. Broadband from space. Designed to connect directly to everyday smartphones. ππΆπ±
#ASTSpaceMobile #Broadband #ConnectingtheUnconnected #BlueBirds
$RKLB update
Rocket Lab is one of the few space names where the story is expanding beyond a promise
A lot of investors still think of $RKLB as a launch company. Space systems is now generating most of the revenue
The bull case
1) Neutron successfully reaches orbit in Q4
2) Continued growth in space systems revenue
3) Increasing defense and government contracts
The bear case
1) Neutron is delayed
2) Development costs increase significantly
3) Space sector sentiment dies off
Unlike many space companies, Rocket Lab already has a proven product with Electron. They aren't trying to prove anything
Neutron is the main goal
Neutron could dramatically increase Rocket Lab's market share and give the company access to missions currently out of reach
Financially, the company is in a much stronger position than many of its peers as revenue continues to grow
Something I am paying close attention to is backlog growth. If backlog continues climbing, it gives me confidence that demand remains strong
Technically speaking, the trend remains intact until proven otherwise. The stock has been one of the strongest names in the entire space sector and institutions continue to accumulate shares on weakness
$RKLB has made three notable touches with the 200 dma bouncing dramatically from all three
After my price target $133 was hit I am looking towards $170 and in due time $211
My longer term thesis remains the same
Rocket Lab is evolving from a launch company into a space infrastructure company
Based on Neutrons success, Rocket Labs price could be in the hundreds in a few years
Next major catalyst is Neutrons success, development updates and government and defense contracts
Space is notably very hot right now and $RKLB remains one of the most interesting companies
Will be interesting to see how $SPCX performs at open, and whether or not its direct performance will drag other large space names
I would appreciate a β€οΈ if you found this useful