Rocket Lab: Worth Buying At All-Time Highs?

By 2026, Rocket Lab Corporation had definitively outgrown its status as an ambitious space startup. Before us stands a mature, vertically integrated holding company. RKLB's financial profile appears sound: a $2 billion cash buffer and a declining debt level provide management with a sufficient margin of safety. That said, the current market valuation (forward EV/sales of 86.6x) calls for extreme caution on the part of investors.