Stocks were mostly higher this week as investors were reminded that earnings are the signal; inflation and geopolitics is noise
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Stocks were mostly higher this week as investors were reminded that earnings are the signal; inflation and geopolitics is noise
Space stocks have been on a rally since news of SpaceX's IPO dropped in March, and that rally shows no signs of stopping.
SpaceX’s IPO could become one of the market’s biggest events, but history suggests mega IPOs often disappoint after launch. Rocket Lab is taking a different path with growing revenue, expanding capabilities, and a proven launch business.

Rocket Lab stock extended its surge for a second consecutive trading day Monday, as investors continue buying following the company's strong quarterly report - and with an SpaceX IPO on the horizon.
A year ago, Rocket Lab reported a gross profit of $35.2 million from sales of $122.6 million. Looking ahead, Rocket Lab expects second-quarter sales of $225 million to $240 million. Rocket Lab stock was up 5.9% in after-hours trading at $83.21.
Shares of Firefly Aerospace rocketed higher after the space technology company reported better-than-expected first-quarter earnings. Firefly is still a smaller, growing company. Wall Street was looking for sales of $77.1 million, according to FactSet.
Space IPO plays Firefly Aerospace and Voyager Technologies report late Monday. Rocket Lab reports Thursday.