Now, RKLB is gradually transforming from a “rocket-launching company” into a complete space infrastructure platform.
① Electron is no longer the story—it’s a mature business.
On September 19, Rocket Lab completed its 96th Electron launch, and the 17th launch of 2026.
More importantly, the company’s official website shows that the next Synspective mission has already been scheduled for after September 26.
This means Electron is forming an increasingly stable high-frequency launch cadence.
② Orders are rapidly getting thicker.
In Q2, Rocket Lab revenue hit a record $234 million, up 62% year over year.
Backlog reaches $2.36 billion, up 137% year over year.
The company also disclosed that the newly signed launch contracts exceed $437 million; currently, launch orders are already for more than 90 mission tasks.
This point is extremely critical.
RKLB is no longer relying solely on market-imagination valuation; it’s starting to show an increasingly clear business chain: orders → launches → revenue.
③ Iridium could completely change RKLB
If regulatory approvals go smoothly, it’s expected to be completed by mid-2027. Also, Rocket Lab has already raised about $1.944 billion by issuing 29.3 million shares, addressing a key portion of the funding required by the exchange.
What’s truly important about this acquisition isn’t just expanding revenue.
In the future, Rocket Lab may have:
rocket + satellite manufacturing + satellite components + a global satellite communications network.
What it wants to do is increasingly resembling a vertically integrated space platform.
But what really determines RKLB’s next phase is still Neutron—that’s also the biggest risk right now.
So buying RKLB now is, in essence, not just betting on Electron.
What the market is pricing in early is:
Neutron succeeds → opens up the medium-sized rocket market → expands defense orders → Iridium completes the integration.
The four nodes most worth watching now are:
→ Next Electron mission on September 26
→ Neutron first key test
→ Neutron’s first launch
→ Iridium regulatory approval and final closing.
So the most interesting part about RKLB right now is:
In the past, the market asked: can Rocket Lab survive?
Now, the question the market is asking has become:
How big can Rocket Lab ultimately become?
In 2027, maybe that’s the first year that truly tests the answer.
Current strategy: invest in batches with spare cash, or open long positions in batches when prices fall and wait for the rise.
Faustino Edge▓Invest with caution
