✉news ScienceSpace first seen 20 d ago, last 7 d ago, peak #20
Rocket Lab stock set for worst week in over a month
Original: RKLB Stock Eyes Worst Week In Over A Month — CEO Says Rocket Lab Won’t Compete Directly With SpaceX
Rocket Lab shares are on track for their worst weekly performance in more than a month. The slide comes as CEO Peter Beck downplayed speculation about a head-on rivalry with SpaceX, saying the company will not compete directly with Elon Musk's launch giant. Investors appear to be reassessing how quickly Rocket Lab can scale its launch business and where it fits in a market dominated by SpaceX.
Why now: A sharp weekly drop in the stock combined with the CEO's comments on SpaceX rivalry is drawing investor attention.
Evidence
- RKLB Stock Eyes Worst Week In Over A Month — CEO Says Rocket Lab Won’t Compete Directly With SpaceX · Stocktwits
API: https://socialmediatrends-api.osmike.com/v1/trends/1927533