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Reading: Jim Cramer Says “I’m Blessing Rocket Lab (RKLB) Because It’s Got a $1.85 Billion Backlog”
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24x7Report > Blog > Finance > Jim Cramer Says “I’m Blessing Rocket Lab (RKLB) Because It’s Got a $1.85 Billion Backlog”
Finance

Jim Cramer Says “I’m Blessing Rocket Lab (RKLB) Because It’s Got a $1.85 Billion Backlog”

Last updated: 2026/04/20 at 7:53 AM
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Jim Cramer Says “I’m Blessing Rocket Lab (RKLB) Because It’s Got a $1.85 Billion Backlog”
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Rocket Lab Corporation (NASDAQ:RKLB) was among Jim Cramer’s stock calls, as he discussed the rising market speculation. Cramer said that stocks like RKLB are likely to go higher before SpaceX’s IPO.

Space is easier because of the mammoth IPO of SpaceX brought to us soon by Elon Musk, maybe later this summer. I think it’s going to be a huge hit. In the interim, anything that looks like SpaceX should go higher, including Rocket Lab. I’m blessing Rocket Lab because it’s got a $1.85 billion backlog, giving them terrific visibility in the future, although it was up a lot today. Needless to say, to get your hands on any SpaceX might be difficult, but I think it’ll be a better performer than Tesla.

Image by MayoFi from Pixabay

Rocket Lab Corporation (NASDAQ:RKLB) provides launch services, spacecraft design, manufacturing, and on-orbit management solutions. During the episode aired on December 17, 2025, when a caller asked if the stock is part of the “magical year of investing,” Cramer said:

I think Rocket Lab’s better than that. I don’t think it’s a magical thinking… I think it’s a very good spec ahead of another big offering in the rocket world next year. I think you can own it as your spec play, as I say in How to Make Money in Any Market.

While we acknowledge the potential of RKLB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

See also  HSBC to recognize $1.1 billion in provision after court ruling in Madoff case

READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years. 

Disclosure: None. Follow Insider Monkey on Google News.

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TAGGED: backlog, Billion, blessing, Cramer, Jim, Lab, RKLB, rocket

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