Aug. 2 at 4:46 AM
$RKLB PLTR has a
$375B market cap. RKLB is around
$22B. There’s a reason for this. PLTR is about to do close to
$4B revenue this year and RKLB just under
$600M. It takes time to grow and scale up. RKLB is project to do around
$2.5B revenue in 2029.
RKLB is one of the favourites for one of 3 18 satellite awards for SDA Tranche 3 Tracking Layer, which will be announced in October. That shall be a
$750-900M contract.
RKLB is also the favourite for the Mars Telecommunications Orbiter to be awarded late this year or early next. That’s another
$700M.
The company also is bidding on multiple constellation manufacturing contracts as a prime. Both government and commercial.
And then once Neutron launches late this year/early next, they are eligible to bid on NSSL Lane 1 launch contracts. As well as likely signing numerous commercial launch contracts.
The order backlog shall be well over
$2B at some point next year imo.
