Rocket Lab (RKLB) Soars Amid SpaceX Drama—Because Nothing Boosts Rivals Like a Billionaire Spat
When elephants fight, the grass gets trampled—but sometimes the weeds spike 20% on pure schadenfreude.
Rocket Lab's stock surged as Elon Musk and Donald Trump traded barbs over SpaceX contracts, proving once again that in tech, chaos is just unclaimed market cap waiting to happen. Wall Street analysts nod sagely while adjusting price targets based on tweet volume rather than, say, actual rocket launches.
Pro tip for space investors: When the giants clatter sabers, buy the scrappy underdogs. Just don't ask about fundamentals until after the momentum traders cash out.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
For context, this development follows a heated online exchange between Musk and Trump. The clash began when Musk harshly criticized Trump’s “Big Beautiful Bill,” calling it a “pork-filled… abomination.” This feud threatens to derail several key U.S. space programs, potentially placing around $22 billion of SpaceX’s government contracts in jeopardy.
Rocket Lab Emerges as Winner
Musk’s announcement to decommission the SpaceX Dragon capsule, following Trump’s threat to cancel federal contracts, has sent ripples through the space industry. As uncertainty clouds SpaceX’s government ties, investors are eyeing Rocket Lab as a clear winner. With a growing launch portfolio, expanding satellite capabilities, and no political baggage, Rocket Lab is quickly gaining favor as a more stable, promising alternative in the competitive space sector.
Additionally, Rocket Lab is known for its consistent progress in satellite launches and expansion in space systems. The company is viewed as a viable competitor in the commercial and government space sectors, boosting its stock and investor confidence amid the turbulence surrounding its larger rival.
Is RKLB a Good Buy?
According to TipRanks, RKLB stock has received a Moderate Buy consensus rating, with nine Buys and four Holds assigned in the last three months. The average Rocket Lab stock price target is $28.73, suggesting a potential upside of 8.6% from the current level.
