This space company has a bright future, but investors should temper their expectations.

Rocket Lab ( RKLB 10.10% ) , a developer of partially reusable orbital rockets, has taken its investors on a wild ride since going public by merging with a special purpose acquisition ( SPAC ) company on Aug. 25, 2021. The combined company's stock opened that day at $11.58, sank to a record low of $3.72 on June 29, 2022, but later skyrocketed to an all-time high of $51.39 on July 18, 2025.

It trades at about $46 today, but Rocket Lab is still a divisive stock. Its bulls expect the company to grow like a weed as it ramps up its launches and secures more contracts, but its bears believe it will struggle to grow into its current valuation. Let's weigh both arguments and consider whether this hig

See Full Page