🚨 BERENBERG JUST CALLED $RKLB ONE OF THE BEST LONG-TERM ASSETS IN THE ENTIRE SPACE SECTOR The firm initiated a buy rating for Rocket Lab $RKLB with a $83 price target. That implies +33% upside from the current valuation. Here’s the bullish thesis: • Electron effectively dominates dedicated small-launch. • Neutron takes Rocket Lab into the much larger medium-lift market. • Space Systems already gives $RKLB exposure to satellites and critical components. • The pending Iridium acquisition would add something completely different: scarce global spectrum + recurring communications revenue. • Rocket Lab could control launch, spacecraft, components, spectrum, and applications under one hood. The underlying business has been accelerating fast: • Q2 revenue: $234M, +62% YoY. • Backlog: $2.36B, +137% YoY. • Launch backlog: 90+ missions. Berenberg is effectively betting that Rocket Lab evolves from a rocket company into a vertically integrated space infrastructure giant. $RKLB currently trades at $62 and is down -10% in 2026. $83 next?