SPACs are out of favor. I expect they'll continue to be a source of funds for many investors as FAANG and QQQ sell off further.
However, we are establishing some support >$3.53-3.80/share. If this truly is the bottom, the upside could still be massive.
Rocket Lab is going to the moon (the real one):
However, we are establishing some support >$3.53-3.80/share. If this truly is the bottom, the upside could still be massive.
Rocket Lab is going to the moon (the real one):
- Their launch cadence is increasing (see chart)
- Their success rate is high
- They are building bigger, reusable rockets (driving cost down)