Rocket Lab USA, the American aerospace manufacturer and small satellite launch service provider, is now available on the stock market after a merger with Vector Acquisition Corps.
Previously listed as VACQ, Vector Aquisition Corps changed their ticker symbol this morning August 25th, 2021, to RKLB. Rocket Lab are building a new rocket called Neutron, which the $777 Million in proceeds will help facilitate.
This is the notification I woke up to this morning.
I was excited to see the name officially changed.
I am personally excited about the opportunity to invest in an aerospace company that is looking to expand and advance. There is a lot of room to grow in that sector.
Rocket Lab might not be the strongest play but for 10 dollars a share the price is worth the risk in my opinion. I am new to the stock market so don't take this as financial advice. I am just excited about space exploration and discovery. Right now Virgin Galactic is going for around $25 a share and they aren't even launching people yet. Rocket Lab are launching actual small satellites for companys. They may be sending two photon spacecrafts to mars for Nasa even! I took this chance to get in on a private company going public early and paid $11.24 a share before knowing if this deal would go through. Now that it is official, the price is at $10.31 a share. It's only a matter of time until Rocket Lab goes to the moon in my opinion. Remember to only invest what you can afford to lose.
Here's a promotional video they have on their official YouTube channel if you would like to learn a little about them.
