Excerpt from Blue Line Trading Premium Service, Weekend Update Nov 16, 2024:
RKLB
These Nov 15th calls went off the board on Friday, +784% since we entered the trade on September 25th in our PRO Service: RKLB Breaking Out. What's next for RKLB?
Musk's SpaceX preparing to launch tender offer in Dec at $135/share, sources say
With SpaceX and this news of a tender offer valued at $250 Billion coming in December, RocketLab's seemingly paltry $9.4 Billion market cap seems woefully undervalued. I'm not saying this explains liftoff since we have been buying RKLB calls, but there is some logic in the comparison. Also, watch for TSLA to also benefit, as Elon is loyal to his TSLA shareholders almost to a fault.
SpaceX Rival Rocket Lab's Stock Soars to All-Time High With Launch Planned for 2025