![\"A](\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/06\/961b9137ec2adee0c7b0bf57ee32e99d.jpeg\")
Image source: Getty Images. Rocket Lab sank as SpaceX soared <\/p>\n
SpaceX conducted its hotly anticipated IPO today, and the stock had a strong first day on the market. The new public company’s share price climbed 19.2% in the session, bringing its market capitalization to $2.11 trillion.<\/p>\n
While SpaceX had a strong, bullish day of trading, most other space stocks<\/a> actually got hit with big sell-offs. With SpaceX hitting the market, it looks like a substantial number of investors sold stakes in other space companies in order to free up funds to invest in Elon Musk’s company upon its public debut.<\/p>\n What’s next for Rocket Lab? <\/p>\n For better or worse, trading for SpaceX will likely continue to have a significant valuation impact on Rocket Lab and other space-tech stocks in the near term. On the other hand, that doesn’t mean that Rocket Lab shareholders should be rooting for SpaceX stock to plummet.<\/p>\n News about SpaceX’s valuation prior to its IPO actually helped power big gains for Rocket Lab and other space stocks, with investors seeing valuation support for Elon Musk’s hugely growth-dependent company as a sign that other space-tech companies also deserved higher valuation multiples.<\/p>\n So while SpaceX’s IPO is currently sucking the air out of the room when it comes to valuations across the broader space industry, there are good reasons to think that valuation growth for the company will also wind up being a positive valuation catalyst for other players. Alternatively, a big pullback for SpaceX stock could wind up spurring corresponding valuation contractions rather than causing investment dollars to flow back into other space stocks.<\/p>\n Should you buy stock in Rocket Lab right now? <\/p>\n Before you buy stock in\u00a0Rocket Lab, consider this:<\/p>\n The Motley Fool\u00a0Stock Advisor\u00a0analyst team just identified what they believe are the\u00a010 best stocks<\/a>\u00a0for investors to buy now\u2026 and\u00a0Rocket Lab\u00a0wasn\u2019t one of them.\u00a0The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years.<\/p>\n Consider when\u00a0Netflix\u00a0made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation,\u00a0you\u2019d have $438,283!*\u00a0Or\u00a0when\u00a0Nvidia\u00a0made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation,\u00a0you\u2019d have $1,257,427!*<\/p>\n That performance is why people listen. With a track record of\u00a0beating the S&P 500 by nearly 5x,\u00a0Stock Advisor\u00a0offers a distinct advantage. Don’t miss the latest top 10 list, available with\u00a0Stock Advisor, and join an investing community built for the long haul.<\/p>\n See the 10 stocks \u00bb<\/a><\/p>\n *Stock Advisor returns as of June 12, 2026. <\/p>\n Keith Noonan<\/a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Rocket Lab. The Motley Fool has a disclosure policy<\/a>.<\/p>\n