Prediction: This Hypergrowth Space Stock Will Be Worth More Than SpaceX In 10 Years

SpaceX has been a remarkable success over the last 15 years. It brought the space flight industry in the United States -- really, around the world -- back to life and inspired plenty of copycats along the way. The age of commercial space flight is upon us and set to grow like gangbusters over the next 10 to 20 years. By 2050, the United Nations believes the space economy could be worth $3 trillion. Industry experts believe that SpaceX has a de facto monopoly on commercial rocket launches right now, which is why its valuation has surpassed $200 billion. But that monopoly may be turning into a duopoly quickly. Enter Rocket Lab (NASDAQ: RKLB). Started by New Zealand entrepreneur Peter Beck, it is now the only other company, along with SpaceX, to reliably and safely perform rocket launches for commercial customers.Rocket Lab is growing like gangbusters and recently hit a $3.5 billion market cap. But the party might just be getting started. I think Rocket Lab has a chance to be worth more than SpaceX in 10 years and be a home run for investors. Here's why.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool