Late last night, rocket launch company Rocket Lab $RKLB announced another successful payload delivery to orbit, the 7th successful launch of 2023 (39 total). With customers including NASA, $SPIR, and others, Rocket Lab deployed seven satellites to orbit.

In addition to the successful launch, Rocket Lab completed a successful ocean splashdown and recovery of their rockets first stage booster, as part of their goal to make the world's first reusable small rocket.

Rocket Lab sits at just over 5% allocation in my portfolio. With a market cap of ~$150 Billion, SpaceX is the clear leader in the space launch space. However, at just a ~$3.7 Billion market cap, I think there is plenty of runway for Rocket Lab to continue gaining share of the space launch market over the next few years.

With another launch scheduled before the end of the month, I plan on continuing to add to my position. I might even have to dive deeper into the company on here as the 21st Century Space Race continues to heat up.