· 个股论点
涉及标的： $RKLB
我可能是 $RKLB 最大的多头之一，它与比特币是我最高确信度的5年期长线持仓。自SpaceX最近的估值/能力以来，我一直维持3500亿-5000亿美元的长期目标价，因为太空领域可能并非赢家通吃。 话虽如此，我最近一直认为它有点被高估（回到60美元时），主要是因为缺乏Neutron/flatlite的商业化，这可能要等到2028-2029年，鉴于当前的营收数据，我们稍微有点早。但只要你等待足够长的时间，它总是一个不错的买入机会。 市场计入的是远期增长，但关键在于这个“未来”有多远（例如对于Rocketlab，就像Snapchat、Nebius一样，其实并不遥远）。
I’m probably one of the biggest $RKLB bulls and it’s my highest conviction 5Y long alongside Bitcoin. I’ve maintained $350B-500B long term PT to match SpaceX’s most recent valuation/capabilities since it’s likely not winner takes all in space. That being said I’ve maintained recently it is kinda overvalued (back at $60) just due to lack of Neutron/flatlite commercialization which is likely 2028-2029, and we’re a tad early given current revenue numbers. But always a good buy if you just wait long enough. Market prices in forward growth but it’s more about how long in the future with Rocketlab (eg. With Snapchat, Nebius, it’s not that far).