7 Best Space Exploration Stocks to Invest In

4. Rocket Lab USA, Inc. (NASDAQ:RKLB)

No. of Hedge Fund Holders: 37

Rocket Lab USA, Inc. (NASDAQ:RKLB) is an end-to-end space company. It offers small and medium-class rockets, spacecraft, and spacecraft components. The company also provides related software and services to support the space economy. The company is engaged in reliable launch services, on-orbit management solutions, and other space-relevant infrastructure solutions.

Rocket Lab USA, Inc. (NASDAQ:RKLB) ended 2024 with a record revenue of $436.2 million, beating the estimates by $1.90 million. The company made a record 16 launches for Electron in 2024, a notable 60% increase in launch cadence from a year ago. The company achieved over $450 million in newly secured launch and space systems contracts. The company’s Neutron program is moving smoothly and is ahead of its planned launch in the second half of 2025.

The company’s newly introduced constellation-class satellite platform, Flatellite, will be available for defense, national security, and commercial services. This satellite platform opens paths for Rocket Lab to operate its future constellation.