Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Rocket Lab didn't make the cut. RKLB secured over $1 billion in Q2 new awards, pushing its backlog to $2.36 billion as shares fell on Neutron delay noise. That mismatch showed up again this week when Rocket Lab (NASDAQ:RKLB | RKLB Price Prediction) posted one of the best quarters in its history and still watched its stock slide. The space stock reported record second-quarter revenue of $234 million, up 62% year over year, alongside a backlog that swelled to $2.36 billion. The Business Beneath Neutron Is Already WorkingStrip away the rocket that hasn’t launched yet, and Rocket Lab’s underlying business is scaling fast.