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Rocket Lab
RKLB · NASDAQAerospace & Defense
The economic chain
Follow the chain left → right, from inputs to end demand. Tap any company to trace its links.
Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Materials &propellantMetals, composites, metha…SpacecomponentsEngines, solar, sensors,…Launchvehicles &…Electron, Neutron, Photon…Launch & spaceservicesOrbit delivery, constella…CustomersGovernment & commercialMATMetals & compositesCH4Methalox propellantRTHRutherford engineARCArchimedes engineSOLSolAeroGEOGeostMYNMynaricSINSinclair InterplanetaryELEElectron / HASTENEUNeutronPHOPhoton & busesRKLBRocket LabSDASpace Development AgencyNASANASAUSSFUS Space Force / DoD···Commercial operators
Company details
Market cap
$72B
Revenue (Q1'26)
$200M
Rev. growth
+64%
Backlog
$2.2B
Space Systems
~68% of rev
Gov't backlog
~49%
Profit margin
negative
Neutron debut
late 2026
In plain English
Rocket Lab is the clearest #2 to SpaceX: it flies the small Electron rocket, is building the larger reusable Neutron, and — through a string of acquisitions (Sinclair, SolAero, Geost, Mynaric, Motiv) — now also builds the satellites, solar cells, sensors and laser links that go on top. It is pivoting from a launch company into an end-to-end space company whose biggest customers are NASA, the US Space Force and the Space Development Agency.
In simple terms
What Rocket Lab really sells
Rocket Lab is the clearest #2 to SpaceX: it flies the small Electron rocket, is building the larger reusable Neutron, and — through a string of acquisitions (Sinclair, SolAero, Geost, Mynaric, Motiv) — now also builds the satellites, solar cells, sensors and laser links that go on top. It is pivoting from a launch company into an end-to-end space company whose biggest customers are NASA, the US Space Force and the Space Development Agency.
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Risk read
High
SteadierMore speculative
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