SpaceX vs. Rocket Lab: Which Space Stock Has More Room to Run?
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SpaceX, founded by Elon Musk, is expected to go public soon with a valuation of up to $1.75 trillion, making it the largest IPO in history. Meanwhile, Rocket Lab, a smaller competitor, is growing in SpaceX's shadow and plans to launch its second rocket, the Neutron, by the end of the year.
SpaceX is set to go public with a valuation of up to $1.75 trillion. The company has filed for its IPO and has generated revenue from its Starlink satellites and internet services. Rocket Lab competes against SpaceX in the reusable orbital rocket market and has launched its flagship Electron rocket 85 times. Rocket Lab plans to launch its second rocket, the Neutron, by the end of the year. SpaceX has completed over 600 rocket launches and operates a constellation of over 10,000 Starlink satellites. Rocket Lab serves major customers such as NASA and the US Space Development Agency.
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