Rocket Lab benefits from increased defense demand for launches and space systems, expanding its backlog despite execution risks and Neutron rocket delays.
Rocket Lab, with its diverse space services and better valuation, is presented as the superior investment compared to AST SpaceMobile's satellite broadband network.
Hopes for a blockbuster SpaceX IPO boosted aerospace company shares, signaling renewed investor excitement in the burgeoning space industry.
SpaceX's upcoming IPO caused a surge in space stocks, but analysts warn that AST SpaceMobile and Rocket Lab are overvalued, raising investor concerns.