SpaceX may be the highest-profile name in the space industry, but analysts say launch rival Rocket Lab Corp. provides an alternative for investors who wish they could invest in Elon Musk’s privately held company.

This is further cementing Rocket Lab’s

RKLB status as a star among space stocks, which has been fueled by an impressive launch tempo and a slew of deals. On Thursday, Baird analyst Peter Arment added his voice to this chorus when he dubbed the company “SpaceX 2.0.”