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Can Rocket Lab compete with SpaceX?

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Can Rocket Lab compete with SpaceX?

Rocket Lab revealed more about the Neutron rocket it is developing. Neutron is targeting a maximum payload capacity of 15,000 kilograms to low Earth orbit, which puts it in competition with SpaceX’s Falcon 9 rocket that can lift up to 22,800 kilograms to the same orbit.

Is Rocket Lab cheaper than SpaceX?

The company has billed itself as a cheaper alternative to SpaceX, with their roughly 60-foot-tall Electron rocket. The bigger rocket will help Rocket Lab keep pace – and it also puts the company a step closer to challenging Elon Musk’s grip on the $200 billion space tech industry.

Is SpaceX beating Blue Origin?

The GAO released a takedown of Jeff Bezos’ complaints against NASA’s selection of SpaceX. The GAO report found that SpaceX’s design beat out Blue Origin’s proposal at every level.

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Will rocket Labs launch humans?

Rocket Lab is launching Electron rockets to place small satellites in orbit from Wallops but the larger version, the Neutron, may become certified to carry humans into space as well and if it happens, they would launch from Wallops.

Is Rocket Lab worth investing in?

Despite its recent quarterly success, the company is not profitable nor does it expect to be profitable for the next few years. Rocket Lab is a high-growth company, but, huge growth will always impact earnings until profitability is reached. Before the end of June, its free cash flow was at -$82.6 million.

Is rocket Labs a Buy?

Thursday, Stifel analyst Erik Rasmussen launched coverage of Rocket Lab (ticker: RLKB), rating it a Buy and setting his price target at $22 a share. With its current product portfolio, Rocket Lab’s total addressable market for launch and satellite services is about $30 billion, according to Rasmussen.

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Has Blue Origin landed a rocket?

Blue Origin successfully launches 17th New Shepard suborbital rocket mission. Update: After a few holds, Blue Origin successfully launched the New Shepard rocket at around 10:30 AM ET / 7:30 AM PT, with a landing of the first stage at around 10:38 and the capsule at 10:40.