All must go right. You are paying a very high premium for hopium and vibes. “Analysts expect Rocket Lab (RKLB) to achieve profitability on a GAAP basis around 2027, driven by increased Neutron rocket launches, higher launch prices, and growing Space Systems revenue, though current losses stem from heavy R&D investment in Neutron. While adjusted EBITDA may turn positive in 2026, the key catalyst for GAAP profitability is Neutron's full operational status, with its launch delayed from late 2025 into 2026, pushing the profit timeline back.”

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