The interest in Space Exploration Technologies has waned, with its stock now trading between $140 and $160. Investors are exploring other space stocks, including Rocket Lab (NASDAQ: RKLB), Intuitive Machines (NASDAQ: LUNR), and Karman Holdings (NYSE: KRMN).
Rocket Lab: A Comprehensive Player in Launch Economy
Rocket Lab offers a range of services, including the small-lift Electron and upcoming Neutron rockets. With a strong focus on infrastructure, including satellite and solar panel production, Rocket Lab reported that 78% of its Q3 2026 revenue came from product sectors. The company currently has a backlog of $2.36 billion, indicating robust demand.
Intuitive Machines: Diversification Beyond Lunar Landers
While originally focused on lunar landers, Intuitive Machines is broadening its scope. The company posted impressive revenue growth of 310% in Q2 2026, driven by an acquisition that expanded its offerings into spacecraft manufacturing and national security. Despite its rapid growth, Intuitive Machines remains unprofitable.
Karman Holdings: Profitability in the Space Supply Chain
Karman Holdings has been profitable since 2023, offering components rather than complete vehicles for rockets and defense systems. Its focus on critical components positions it well in the growing market, though its P/E ratio of 127 could be considered high.
Conclusion
Among these three stocks, Karman Holdings is seen as the safest investment, Rocket Lab offers a balanced approach to growth, and Intuitive Machines provides high-risk, high-reward potential. All three present reasonable options for a space-focused portfolio this October.
For further insights or recommendations, additional resources may be available through investment platforms or financial advisories.
