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Rocket Lab’s (NASDAQ: RKLB) shares have soared 73.5%…
… boosted by KeyBanc Capital Market’s price-target hike.
The Wall Street firm says the stock could still jump 16%.
But did you know the next SpaceX could make you 457% gains?
Rocket Lab is a company that offers satellite launch services…
… and designs spacecraft for missions in low Earth orbit.
KeyBanc Capital Market is bullish on the company.
In a new note to clients, the firm said they’re very sure that Rocket Lab can grow its business. And that it’s positioning itself to be an industry leader.
KeyBanc raised its price target for the stock to $11 from $8.
This has sent the stock soaring 24% in the last 7 days.
But here’s why this rally could be just the start.
Take a look at this…
See how the blue line is going VERTICAL in the last few years?
That’s the explosive growth of satellites in orbit.
SpaceX has been a major contributor to this growth…
But other lesser-known companies are tapping into this market too – positioning themselves for massive growth.
Companies like:
- Rocket Lab – up 73.5% year-to-date
- Intuitive Machines – up 230% year-to-date
- AST SpaceMobile – up 994% since announcing AT&T deal
And that could be just the beginning.
That’s because in the next 5 years…
The number of satellites is expected to almost TRIPLE, according to Jupiter Research.
This means demand to launch satellites is higher than ever.
That’s why I was thrilled to discover this space company that’s set to disrupt the entire space industry.
Like SpaceX, they’re launching satellites into low Earth orbit.
But unlike SpaceX, they’re doing so at a FRACTION of the cost.
This hidden company is preparing to go public on the NASDAQ in 2025.
And right now you can grab pre-IPO shares for less than $4.
My research shows the stock could explode 457% after it goes public.
I’m hosting an urgent Zoom webinar to share all the details.
Simply click here for complete access.
Yours in Wealth,
Ian Wyatt