$RKLB 2028 Net income is projected to be roughly 288M... Revenue from RKLB will inflect much higher so 100 PE might sound like a lot to pay for in 2028 but thats if it were going to stay that way. 2028 : 300M x 100 = 30B Fully diluted share count is about 624M = ~$48. They have enough cash on the balance sheet to not have to dilute too much... Under ~40-60 might be a good range for consolidation for the next few years before it either breaks out or breaks down. The tech is somewhat proven and they do have contracts for defense so the break down scenario doesn't seem as likely... unless the macro backdrop implodes and the entire market takes a nasty dip.
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