Yesterday, Cathie Wood sold $Ryder(R.US)ocket Lab(RKLB.US) at a new high. Don't be misled by her profit-taking.

The fact that RKLB secured an SDA order alone demonstrates the strong exclusivity and stickiness of such contracts. You ask me what sets it apart from other commercial space companies?

Here's the thing: pure launch companies risk everything with a single explosion, but RKLB has significantly increased its space systems business share, meaning it can thrive even without launching rockets by selling satellite components and management systems.

SpaceX's valuation has now surpassed $800 billion. In comparison, RKLB's current market cap of around $41.4 billion could easily double if it captures just 10% of SpaceX's overflow market.

Under the Trump administration, Musk's role may push more government contracts to private companies. While Musk would prioritize SpaceX, the U.S. government won't allow a single supplier to monopolize the space sector for supply chain security. RKLB is the perfect Plan B.

The next major catalyst will be the maiden flight of the Neutron rocket in the first half of 2026.$Tesla(TSLA.US)