This is an analysis of Rocket Lab, focusing on its stock performance, financial overview, and future potential. Rocket Lab's vertical integration strategy is highlighted as the unseen value. The company's revenue is at $436 million, and net losses are rising. Neutron reusable rocket flight is expected in 2025. It is partnering with US Air Force. Wall Street analysts are starting to recommend it as a buy. Rocket Lab is becoming the SpaceX of small satellites. Analyst price target reached $55. Test are being prepped for hypersonic research in support of national security.