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Rocket Lab looks like it's building the future of space infrastructure — but the numbers tell a more complicated story.

Rocket Lab looks like it's building the future of space infrastructure — but the numbers tell a more complicated story.

It’s easy to get caught up in the hype when a stock 4x’s in a year, but if you're actually looking at the business fundamentals, there’s a mix of solid execution, wild expectations, and some red flags

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André Figueira
Apr 01, 2025
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Building Better
Building Better
Rocket Lab looks like it's building the future of space infrastructure — but the numbers tell a more complicated story.
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Rocket Lab to refly Electron engine - SpaceNews

What Rocket Lab Actually Does

Rocket Lab isn’t just another launch company trying to be “the next SpaceX.”
They’ve built a vertically integrated space platform: they design, build, and launch rockets (Electron and soon Neutron), manufacture satellites, and now offer end-to-end space systems.

That means they want to own everything from the engines and satel…

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