Could Buying Rocket Lab USA Stock Today Set You Up for Life?
This speculative space stock could still have a bright future.
Rocket Lab USA (NASDAQ: RKLB) was one of the many space stocks that went public by merging with a special purpose acquisition company (SPAC) in 2021. Many of those SPAC-backed start-ups fizzled out, yet Rocket Lab survived and thrived.
Over the past three years, Rocket Lab's stock has surged nearly 140% as it has launched more rockets, secured more contracts, and stabilized its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margins.
So could a $10,000 investment in this high-growth stock could set you up for life over the next two decades?
