Peter Beck's sudden caution is a great example of a good CEO who trades short term hype for long term structural survival. He does not want to see Neutron turn into an accidental firework display on live TV.
I would vote to stay the course and not sell as Rocket Lab has a USD 2.36 billion order book. It has literally more customers than it can handle. Rocket Lab has also signed a blockbuster deal to acquire Iridium to build a vertically integrated space powerhouse.
When Neutron finally flies, Rocket Lab will go up like a rocket to the moon!
Patience is the mother of all virtues when it comes to investing for the long term.
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- LiShing86Β·08-11 22:04TOPI donβt understand people who would trade this stock when the space business is going to become a fundamental layer of the economy in the near future. I see space stocks as worthy of investing, not trading1Report