Money or Life US Stock Channel's Summary of Views on RKLB:

Money or Life US Stock Channel is a YouTube channel. It mainly discusses US stock investments. https://www.youtube.com/@Money_or_Life/videos I've been watching it for a while and think it's quite good. It's a typical example of how someone working in the US but passionate about stock trading operates. It summarizes his views and actions on $Rocket Lab(RKLB.US). Overall, it aligns with my thinking. His approach to options is quite mature, similar to @价值&投资. Those who are interested can learn from it. Personally, I'm more extreme, so don't follow my lead. 😁

Ace holds a very positive long-term investment view on Rocket Lab (RKLB) and considers it one of the most valued and continuously added stocks in his personal portfolio, even becoming his largest holding, almost on par with Tesla. He views RKLB as a "true faith" high-quality company worth holding long-term.

Here are Ace's views and specific action recommendations for RKLB:

Ace's Views and Analysis on RKLB

Overall Evaluation and Market Positioning:

Ace believes Rocket Lab is a "hexagonal warrior" (all-rounder), with the highest comprehensive score among all listed space companies.
He emphasizes RKLB's business importance in the space sector, combining management, growth potential, future development space, and profitability, making it the best choice in the space sector.
RKLB aims to become a comprehensive end-to-end satellite application company, which is a key selling point for its future.

Stock Performance and Technical Analysis:

Although RKLB's stock price has recently fluctuated near the 20-day moving average and even briefly fell below it, Ace believes its performance is "not too bad," with no clear downtrend.
He observes recent price fluctuations between upper and lower shadows, feeling like market makers are "washing out" weak-handed investors.
The weekly chart shows RKLB has declined over the past four weeks, but each week has seen upward probes (e.g., highs of $47 or $50), though without a decisive breakout. Ace thinks continued consolidation wouldn't be surprising.
Ace believes RKLB's current price isn't "overheated" or "overvalued," with the trend remaining steady.
Its high Beta (2.27) indicates significant volatility, requiring investors to have "strong nerves."

Financial Performance:

RKLB's Q2 2025 revenue exceeded company guidance, with non-GAAP gross margins near 37%, performing excellently.
Although Q2 EPS missed expectations, Ace personally considers this less critical at this stage.
Average selling price (ASP) for Electron launches has increased, and space systems business margins are also rising, driving overall margin improvement.
Revenue growth dipped to 15-16% in 2023 but has rebounded to 60%, entering a phase of growth.
The current P/S ratio is around 40, the highest among peers but not particularly overvalued compared to RKLB's historical highs (38-40).

Neutron Rocket Progress and Importance:

Neutron's progress is a key focus for Ace. First-stage rocket testing and assembly aren't yet complete, which is the next critical area.
Archimedes engine testing is accelerating, with one produced every 11 days, 3-4 hot-fire tests daily, and a 152-second full-duration test video showing clean combustion.
Launch Complex 3 will officially debut on August 28.
CEO Peter Beck has "aimed for a launch by year-end" and secured an FCC license valid through 2025. He emphasizes not "rushing for the sake of rushing," stating, "I wasn't born to build junk." Successful first launch is far more important than timing.
Ace estimates a slightly over 50% chance of a 2025 launch, with a 30-40% chance of delay to Q1 2026.
Beck defines Neutron's success as "orbit insertion," followed by scaling, and finally reusability.
RKLB won't announce major satellite constellation projects before Neutron's success due to limited funding.

Acquisition Strategy and Space Systems Business:

RKLB can handle payloads, thanks to its acquisition of Geost.
The "Golden Dome" program, one of the Pentagon's largest projects, will bring significant opportunities, but its realization depends on Neutron's success.
RKLB is completing production of 18 SDA satellites, accounting for over half of the company's backlog.
New acquisitions are planned, especially in space systems (e.g., phased array antennas), which the market views positively.

Future Catalysts:

Ace lists potential catalysts for RKLB over the next six months: new acquisitions, Q2 revenue exceeding expectations (he's optimistic), and Neutron launch timing or success (neutral to optimistic).

Ace's Actions and Investment Strategy for RKLB

Current Holdings and Targets:

Ace holds a heavy position in RKLB shares, now at 31%, nearly matching Tesla as his top holding.
He believes RKLB is a "long-term hold" company.

Buying/Adding Strategy:

Ace's long-term strategy is to buy RKLB at relative lows, adding more if cash allows.
He consistently buys small amounts at lows and has increased his share holdings.
He once bought 1,000 RKLB shares at $36.5 (chasing highs).
He plans to buy 200 shares at $43, bringing his rolling position to 500 shares (most of his core holdings remain unchanged).
He advises against waiting for extreme scenarios like Neutron delays or failures to buy; if bullish, buy earlier.
If RKLB falls, he might sell puts (SP) for a mild bullish stance. He'd watch for support near the 20-day MA (~$45), similar to ASTS, and consider selling puts.

Selling/Profit-Taking Strategy:

Ace advises against selling Rocket Lab lightly.
He chooses to hold all RKLB shares firmly.
He sold some VSAT (Viasat) profits, reallocating part to RKLB.
He also sold Transmedics (TMDX) and half his Nvidia (NVDA) shares to raise cash for RKLB.
For options, he takes profits on existing calls and puts. He's closed 100% profitable $35 calls and 60%+ profitable $17 puts.
He rolls sold puts, e.g., building larger 2027 Jan $40 SP positions.

Risk Control:

Ace emphasizes always controlling risk.
Despite his optimism, he warns investors to prepare for market pullbacks.