Will Rocket Lab Steal Another Page From the SpaceX Playbook?

Rocket Lab (NASDAQ: RKLB) stock took off like -- what else? -- a rocket this week. Following President Donald Trump's inaugural address, in which the 47th president doubled down on his previous administration's promise to put astronauts on Mars, shares of the tiny rocket maker (that itself has a contract to send NASA space probes to the Red Planet) surged 30% in a day.Exciting as this prospect may be, though, Mars isn't what will turn Rocket Lab into a hugely profitable company. For this, Rocket Lab must figure out how to make more money on Earth.CEO Peter Beck all but admitted as much when last I interviewed him about Rocket Lab's plans back in 2023. In the course of our chat, we discussed Rocket Lab's rise to become the second most frequent U.S. rocket launcher after SpaceX, and also Rocket Lab's efforts to develop a new reusable rocket in order to better compete with its larger rival's reusable Falcon 9 rockets. But we also discussed how SpaceX was turning the corner to become solidly profitable, and Beck agreed that Starlink seemed a key part of SpaceX's plan.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool