Bloomberg Technology
Rocket Lab Gains After Two Launches in Under 22 Hours
Rocket Lab shares jump to an intraday record high after the satellite company said it successfully launched its 56th Electron missile. Bloomberg’s Bruce Einhorn joins Caroline Hyde to discuss on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and…
@geraldjunior4235
November 25, 2024 at 3:14 pm
Solar Cell are you kidding me in New Mexico
@j.m.7715
November 25, 2024 at 5:09 pm
Rocket Lab briefly matching SpaceX cadence is a sign they are building the capacity to compete with SpaceX when reusable Neutron rocket is ready. And the space semis are a moat and a deep knowledge differentiator SpaceX doesn’t have.
RKLB 🚀
@dphuntsman
November 25, 2024 at 8:20 pm
I’m gonna give you a Thumbs Down because I don’t think you correctly understand the competitive environment Neutron will face- nor has RocketLab correctly publicly admitted what it will be (and I’m a shareholder- probably RKLB’s smallest, tho!). RocketLab’s main competitive advantage in 2026 with Neutron will be that it’s not named SpaceX, & customers- starting with US government agencies- want competition desperately. BUT…
The competitive environment in 2026 in the Medium Launch Market will be hugely more competitive than it is right now in 2024. But Adam & Peter are wrong IMO about the $55m they think they’ll be able to charge for Neutron. A SpaceX Falcon 9 (super reliable, more capable than Neutron)- launch costs SpaceX internally only $15m (Quilty); an F9 booster costs only $1.5m to refurbish (ArkInvest). So while PB knows big players want a viable launch option, his trying to price it at $55m – at the time F9 loses most of its customers (Starlink Minis) & ‘dumps’ over 100 F9s on the market in 2026- and FOR THE FIRST TIME is allowed to compete hard on things like cost- is Not realistic. Put yourself in Gwynne’s place: What would You charge for an F9 in the beginning of 2027, as lower-capability Neutron, Firefly, Relativity, Ariane 6 are on the scene? I’m honestly asking. Is she really going to let that Falcon 9 team- that is running at least at a 120 launches/year rate in 2026- just suddenly throttle way down, take a vacation, & give the market to the expensive untried newbies? Why should she? – Dave Huntsman