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Rocket Lab: Why the space sector is 'far-reaching'

Rocket Lab (RKLB) will attempt to launch its first "Neutron" rocket by the end of 2024. NASA recently tapped Rocket Lab, along with 14 other companies, to aid the space agency with payload integration services on suborbital rockets, high-altitude balloons, and orbital spacecrafts and satellites. Peter Beck, Rocket Lab CEO, joins Yahoo Finance to discuss the feasibility of the Neutron rocket launch timeline as well as the space sector's profitable intersection with other industries. Beck elaborates on the growth of the space industry and how companies like Rocket Lab are positioned to deliver far-reaching services: "We see that businesses that typically haven't had anything to do with space becoming quite reliant on it. And our view [is] that the large, successful space companies of the future are not going to be solely a launch company or solely a satellite manufacturing company because the sheer power when you combine these two elements together, space is a giant engineering compromise, if you will. So if you can both add launch and space systems together, then you can provide services that are far superior than if you're doing it in a more traditional sense. And we've seen more and more companies come to us and they have no knowledge of the space industry nor do they want to, but they just want a service." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino


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EV trade restrictions: Only obstacle for Chinese market capture?

Despite lofty US tariffs on Chinese automakers, US carmakers are already going head-to-head with Chinese producers in South American and European markets. Stella Li, BYD (BYDDY) Executive VP, claims that trade restrictions won't help US carmakers, as only technological investment will determine "the final winner." Tesla's (TSLA) Elon Musk claims, however, that trade restrictions keep US automakers from being "demolished." Robinson Meyer, Heatmap Founding Executive Editor, joins Yahoo Finance to discuss the landscape of the EV market and the competition between the US market and Chinese automakers. Meyer explains that tariffs will continue to be a stumbling block for regulators and auto suppliers: "What we're seeing is that auto markets, especially European auto markets, are having a hard time figuring out exactly how to craft trade protections that on the one hand, keep this deluge of very cheap cars from China out of their domestic markets, protecting their local automakers and on the other hand... that keep local automakers, either domestic automakers, whether that's Volkswagen (VOW.DE) or Peugeot (STLA) in Europe, or Ford (F) and GM (GM) in the US, competitive and at the cutting edge of vehicle technology. I don't think any company or country has solved this problem yet but I think this is a major policy question going forward, specifically for the United States and Europe." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino


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