The Rocket Lab Story

When Peter Beck had the idea to start a rocket company, he was at a disadvantage; he didn't have about a $100 M dollars. Instead he hustled and raised money from well known VCs like Khosla Ventures and put ‪@RocketLabNZ‬ on the map. Now, RL is the only successful small satellite launcher in the world.
More stories like these from Ashlee Vance's new book, When the Heavens Went on Sale.

[@hvip4]

Not only they have their own launch vehicle, but they are streamlining the development of satelites and other space infrastructure. Even though there is practically 0 chance they can be competing with SpaceX launch systems I believe it is the correct call to start focusing on developing the other technologies needed for the future trillion dollar space market. That's part of the reason I am investing now when $RKLB is at recent times low. They have the potential to reach Lockheed Martin in the long haul. Or they will crash and I lose everything.. who knows haha.

[@matthewfreant9548]

Not a bad investment considering there stock is at $4 right now. The space market will be booming by the time I retire. Trust me things will be different in 30 to 40 years. I just bought some stock. Good luck Rocket Lab!!

[@767er767er]

Peter is the man

[@peterkotara]

That's "Sir" Peter to mere mortals such as us😂.

[@TheBagOfHolding]

Successful at raising money. A successful spac.

[@Mottbox]

You know those companies people wish they invested in? Well; here you go.

[@Hugzx]

My friend is the song of Peter Beck and I have met him, he's one of the colest people ever!

[@Meatloaf_TV]

You know what's funny Elon musk was not a billionaire when he started SpaceX

[@zachb1706]

Was Elon a billionaire when he started SpaceX? I know he was rich, but not that level

[@HypaWave1701]

Bullish on $RKLB

[@justrocketscience9930]

Yea. They are the only successful small satellite launch provider so far.

[@EAP_7]

What about space x ride share program what is cheaper then rocket labs electron

[@justrocketscience9930]

This has definitely been getting a lot of attention by Rocket Lab for sure. Enter... Rocket Lab's Neutron vehicle as they *try* to compete with F9.

[@SSW9133]

@@justrocketscience9930neutron is medium class rocket, and the falcon 9s are heavy with better economic of scale per kg on launches.

[@UghIHateTheseThings]

The wait time for these ride share missions are too long for a lot of companies. Additionally, some of these satellites require a very specific orbit that a ride share mission is unable to provide. “Sometimes you can take the bus, but sometimes you’ll need an Uber.” That gap is where Rocket Lab is excelling. Keep in mind the launch services is only 1/3 of the gross income of RKLB. Their Space Systems is their real bread and butter.

[@DeathProofXXX]

Musk was only worth around 176m at the time of founding SpaceX though.

[@ichirakuramenshop7738]

“only” *laughs in broke*

[@dillonbledsoe7680]

​@@ichirakuramenshop7738 nothing to do with it he was stating that he didn't have a billion dollars

[@ichirakuramenshop7738]

@@dillonbledsoe7680 stfu i’m obviously making a joke

[@davejones838]

@@ichirakuramenshop7738 He sold paypal and invested all his money in tesla and spacex

[@user-kc6hx6ff8y]

😂😂😂 DONT FORGET HIS PARENT WERE FILTY RICH IN AFRICA ….