Rocket Lab (NASDAQ: RKLB) stock is on a tear. Over just the past week, Rocket Lab has announced:

You might not guess it from the stock price (which is down 13% since the end of March), but all of the above follows Rocket Lab's announcement that it launched its 46th successful mission in March, and is planning to launch No. 47 later in April. As Rocket Lab gears up to report its financial results for first-quarter 2024 on May 6, the company clearly has some momentum. But the truth is even bigger than that: Rocket Lab is now growing faster than SpaceX.

Rocket Lab Electron rocket before launch. Image source: Rocket Lab, by photographer Kieran Fanning.

Continue reading

Source Fool.com