Rocket Lab: A New Growth Engine Changes Everything

Infinity Curve 793 Followers Follow Summary Rocket Lab has fallen more than 40%, yet the proposed Iridium acquisition and expanding defense business have materially strengthened its long-term outlook. The $266 million U.S. Space Force contract and $17 billion Phase 3 program expansion position defense as a major independent growth driver. Wall Street expects around 60% revenue growth in Q2, while Rocket Lab has exceeded revenue estimates in four consecutive quarters and seven of ten. Although Rocket Lab trades at roughly 39x forward EV/Sales, I believe its multiple reflects multiple emerging infrastructure businesses rather than a launch company. Alones Creative/iStock via Getty Images Introduction The reason I am revisiting my thoughts about Rocket Lab Corporation ( RKLB ) is because there has been a fundamental shift in the business since my first analysis. While the stock has This article was written by Infinity Curve 793 Followers Follow I began investing early, inspired by the strategies of legendary investors like Warren Buffett, Peter Lynch, and Howard Marks. What started as a personal interest quickly became a disciplined, research-driven pursuit of long-term value and strategic growth. Over the years, I've developed a fundamental, bottom-up investing approach, with a keen focus on market psychology, business durability, and valuation discipline. While I study multiple sectors, I specialize in tech, particularly underappreciated or contrarian plays in software, semiconductors, and emerging innovation. I’m drawn to companies with scalable models, durable moats, and misunderstood narratives. I look for value the market hasn’t fully priced in and prefer digging through overlooked names with long-term potential rather than chasing trends. Through my research at Infinity Curve, I explore how investing success rarely follows a straight line, it's a nonlinear process shaped by cycles, feedback loops, and constant recalibration. Analyst’s Disclosure: I/we have a beneficial long position in the shares of RKLB, ASTS either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.