It could be some time before investors can snap up shares in SpaceX or its subsidiary Starlink.

The possibility of the mothership Company, SpaceX, being taken public is a little sketchier. Although, I’m sure that the Company’s early investors will be eager to cash out some of its investment by way of public listing. At its last round of funding in April 2021, SpaceX was valued at US$74 billion.

Investing in the Competition

SpaceX and Starlink are being beaten to the stock market by several direct and indirect competitors. So, until the time comes when investors can procure a portion of SpaceX and Starlink, there are other publicly available space companies priming investors for this exciting “Space”. One little go-getter that I want to detail is Rocket Lab, the New Zealand grown company that is ready to make its next step on the global stage.

Rocket Lab / Vector Acquisition

If SpaceX is the Uber of rocket rideshare, then Rocket lab is the Ola of rocket rideshare. That is, much less valuable (worth approximately US$4.1 billion), operating on a smaller scale but still well within the competition range.

Bigger rockets will mean Rocket Lab will be better positioned to usurp a share of SpaceX’s client base. At the same time, Rocket Lab’s smaller legacy rockets can still be used to service its smaller-cap clients, importantly allowing the Company to retain an important source of revenue as it seeks new lucrative contracts.

As of writing, shares in Vector Acquisition are trading at US$11.01. In the past month, VACQ shares are up 13.1% as investors prepare for the impending merger.