Why Rocket Lab Stock Launched Higher in November

Rocket Lab USA (NASDAQ: RKLB) has taken investors on a wild ride since joining public markets in August via a merger with a special purpose acquisition company (SPAC). Rocket Lab is one of a number of space starlets that have gone public in recent years, largely through SPACs. It has mostly been space tourism stocks like Virgin Galactic Holdings that have captured the imagination and gotten most of the attention, but Rocket Lab could end up being the better business.