Why is Motley Fool doubling down on Rocket Lab (RKLB)?

The thesis is bigger than “space is the future.” Motley Fool sees Rocket Lab as a founder-led, vertically integrated space company that can design satellites, manufacture them, launch them, and eventually provide more of the full space-services stack.

The bull case rests on:

• Peter Beck’s leadership and large ownership stake
• roughly 40% expected annual revenue growth
• rising defense and government contracts
• progress toward the larger Neutron rocket
• a space economy projected to grow toward $1.8 trillion by 2035

But the valuation is difficult to ignore. Rocket Lab is already priced at roughly 45× forward sales, while SpaceX now appears cheaper on a forward-revenue basis and is growing faster.

So the real question may not be whether Rocket Lab is a great company. It may be whether too much of that future success is already priced into the stock. Would you rather own Rocket Lab, SpaceX, or neither at today’s valuations?