As I said last month on Blossom, I pivoted from $RKLB to $PL for one of these reasons. The previous target date for Neutron’s first launch wasn’t realistic, which would imply yet another delay. (Not the only reason for the switch, I also got more bullish on in space data centres and believe $PL will have a huge role) Testing campaign hasn’t even begun, so first quarter of 2027 would have been tight. $RKLB is now targeting 2027 for the inaugural launch of Neutron, with no further estimates on the month or quarter. The stock is down 10% in after-hours trading. Here’s the company update: https://youtu.be/2wAcXQSgbS0 https://investors.rocketlabcorp.com/news-releases/news-release-details/rocket-lab-provides-update-neutron-development-and-adjusts
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1 Comments
Trevor Heslop
@trevorheslopinvests · 57m
Ouch!!
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