Keith Speights, The Motley Fool
Mon, May 18, 2026 astatine 4:04 AM CDT 4 min read
SpaceX is dominating the headlines. That's understandable, considering that Elon Musk's institution plans to behaviour an archetypal nationalist offering (IPO) soon with a valuation of astir $1.75 trillion.
But is Rocket Lab (NASDAQ: RKLB) the space banal that investors should truly beryllium watching? Rocket Lab's stock terms has soared adjacent to 80% twelvemonth to date.
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Investors should soon person an accidental to scoop up shares of SpaceX, portion they tin initiate a presumption successful Rocket Lab now. Which banal is the amended aerospace buy?
The lawsuit for Rocket Lab
When a institution is named Rocket Lab, it stands to crushed that overmuch of its concern volition beryllium built around... rockets. Rocket Lab's Electron rocket has been launched much often than immoderate different tiny rocket. The institution besides uses its HASTE rocket to supply hypersonic trial launches for the U.S. authorities and its allies.
However, Rocket Lab does much than conscionable motorboat rockets. The company's spacecraft and outer components generated 68% of gross successful the archetypal 4th of 2026. Its non-rocket exertion has been utilized successful much than 1,700 commercial, defense, and nationalist information missions.
Rocket Lab's gross jumped 63.5% twelvemonth implicit twelvemonth successful Q1 to $200.3 million. Its grounds backlog successful Q1 totaled $2.2 billion, up 20.2% 4th implicit quarter. To enactment Rocket Lab's maturation successful perspective: The institution sold much launches successful Q1 than it did successful each of 2025.
The aboriginal for this aerospace innovator could beryllium adjacent brighter than its past. Rocket Lab precocious completed the acquisition of Mynaric AG, a shaper of laser optical communications terminals. Its Neutron rocket, nether development, should grow opportunities successful the medium-lift market. The institution was besides selected, successful concern with defence elephantine RTX (NYSE: RTX) (formerly Raytheon), to supply motorboat and outer capabilities for President Trump's Golden Dome for America program.
The lawsuit for SpaceX
We could astir apt sum up the superior lawsuit for investing successful SpaceX aft its IPO successful 1 word: dominance. The institution is the world's starring motorboat work provider. Its reusable Falcon 9 rocket has completed 635 missions truthful far.
SpaceX is besides the apical canine successful the outer net work market. The company's Starlink portion has implicit 10,300 satellites successful orbit. It serves implicit 10 cardinal customers and expects the fig to scope 18 cardinal by the extremity of 2026.

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