 Boom! What's up? My name is Gix. Welcome to another video, guys. So, in today's video, we are going to talk about Rocket Lab, Ticket Symbol RKLB. So, this is the stuff that we cover here on the channel when they announced that we're going to go public through a merger with Vector Acquisition. So, I did that video here on the channel. That merger went through last, just past August, I think it was August 23rd when the merger completed. And so, now Rocket Lab is trying to make some moves, so I want to make sure that we cover that here on the channel. But before we get started, guys, if you're new to the channel, we took about how to earn money, how to save money, how to invest and build wealth. So, if you have something that interests you, go ahead and hit that subscribe button and your notification bell so you don't miss out on new content. So, when it comes to Rocket Lab, again, this is a company that I personally think that fits what Kathy Wood is doing with her Act Invest ETF, the Space Exploration. And so, it's a company that sends maybe satellites and other equipment to space. They have rockets, so one of their main rockets is the electron and then they have the neutron as well. So, this company, again, is up and coming. So, when they made the announcement, they were going public, I said, for people that want to get into that space, this would be one that you can definitely take a look at. So, I want to jump right here and just show you guys some news about this because Rocket Lab just won a contract with NASA, which is awesome. So, if we just read a little bit about the details here, NASA will send an advanced composite solar cell system known as the ACS-3 to orbit in mid-2022, a board rocket lab electron vehicle as part of a mission with other small satellites to other customers. So, this is the electron rocket that NASA uses. You can see the specs here. I mean, I'm not going to bore you guys with the details of that, but it's just safe to say that the fact that they have this contract with NASA or they want this contract with NASA, that's putting them out there giving them that exposure and now they can put it under the belt that we have the credibility to do all these different projects. Again, they have competition from companies like SpaceX, which is out there coming strong too. So, definitely not something to just brush, but here is where I think that if this happens to Rocket Lab, this stock is going to see a massive jump. But again, until this happens, I cannot assure you that this is going to spike. If you guys remember the Kathy Wood with her act invest, the space exploration ETF, these are the companies that are currently on that particular ETF. So these are what I call composition of that ETF. So you can see here, Palantir, some big names that we know, Amazon, Netflix. So then here is where I think that this company can benefit from. If Rocket Lab gets added to this list of companies by Kathy Wood, I bet you it's going to skyrocket because right now it's on the list and they're doing big things. So I'm anticipating that maybe someday Kathy Wood is going to add that to this ETF, but until then, all you have to do is just sit and wait because you never know. I don't know how she goes about selecting what companies she puts on here. I mean, she has like the big name Lucky Martin here, Unity Software. So again, Netflix, I'm thinking for a space exploration. I don't know what Netflix does in that space, but I'm not smart enough. I don't have the technology and the capability to be able to analyze this company like she does with her team of analysts and the resources that they have. But just from my own perspective, when I look at it, it's like, hey, I think Rocket Lab belongs on this list. So again, this is one and it's currently really cheap right now. If we can just go here and take a look at where Rocket Lab is currently trading today. I'm sitting somewhere at about $15.19 and this thing actually got up today and made a little spike up to close to $16. It just got up here to about $15.91 for high and then pulled back. There was like a really massive spike to the downside before starting to curl back up a little bit, but still sitting at about $15.00 and some change. So for a long-term position, in my personal opinion, again, guys, this is not, I'm not saying this is a swing because if you wanted to swing this, yesterday would have been a very good opportunity to do it. But right now, if you're going into this, start thinking long term. Again, you start small and average your way into the stock. And I've said this over and over. If you want to get into a position on long term, don't just take all your liquidity and dump it at once. Average your way into a stock. So if you have $1,000, so buy $200 or $250 and then wait for that dip. You buy another $250, wait for a dip. You buy another $250 and average your way into the stock and that will give you a better cost average on your entry point. So that's just something that I want you guys to keep in mind. So basically, again, today, the reason why you probably see Rocket Lab surging is because of the contract with NASA to actually bring some of your solar sales system to orbit again. So that's just the key thing here. But again, in my personal opinion, I think Rocket Lab has an upside competing with Space X of the world, but they have an upside because right now the fact that they're able to beat and win contracts like this. I mean, I mean, NASA trusts them, believe in the technology, believe in the rocket, and so you want to see them get added to Cathie Wood. And again, this is a stretch, guys. If Cathie Wood can add this particular stock to the ETF, I think it would give the stock a massive boost. So that that's, again, just my my personality. So again, when you're getting into Rocket Lab, this is a long term play. This is not just like a quick win to average your weight into the stock. I like it because I like the technology. I like what they're doing. I like if I get able to compete with some of the big names and actually win a contract with NASA. That's no joke. That tells me a lot more about what they have as a team that can go up against the Space X's and Blue Origins of the world. So again, that's just my personality. And again, I'm hoping that Cathie Wood can see this as a catalyst to start adding Rocket Lab to their space exploration ETF. And if that happens again, a stretch, but that would be a good catalyst for the stock. So I'm averaging my weight into it and hopefully hold a position. I don't want to hold. I'm not going to go big on this, but I'm going to hold a position and keep adding as I have liquidity. But other than that, let me know in the comment section, did you trade it or are you buying long term? Let me know what your thoughts are. Do you agree with me that if Cathie Wood add this thing into her space exploration, ETF is going to explode or you're thinking, Mr. V, you are crazy. Again, let me know in the comment section if you're new here, we talk about how to earn money, how to save money, how to invest and build wealth. So that's something that interests you. Go ahead and hit that subscribe button and the notification bell so you don't miss out on new content. Also, guys, if you're looking to get some investing or even with crypto, put the links in the description below. You can go through either Webo or you can go through SoFi. I mean, there's so many options. All I want you to do is get involved in the market, slowly build wealth in the market. You don't have to do it overnight, but slowly, even if it's $10 a week, whatever, buy something long term. Even if you're trading, make sure that you stay investing long term. So I just want to put that out there. Make sure that you guys are doing the right thing. And as always, guys, do your due diligence. Don't be greedy savage. Stay motivated.