How to Use Constraints to Your Advantage with Peter Beck of Rocket Lab

For Starters with Alexa von Tobel

How does an entrepreneur without a college degree manage to build a rocket company exploring life beyond earth? Just ask Peter Beck, the Founder, CEO and Chief Engineer of Rocket Lab, a Nasdaq-listed leading launch and space systems company. At an early age, Peter’s parents taught him that no ambition was too big. So he began building rockets, steadily increasing in their size and complexity. In 2006, Peter founded Rocket Lab and has since grown the company into a global organization of 1,800 employees, taking the business public in 2021 with a market cap north of $2.3B. Rocket Lab’s capabilities span the space economy and Rocket Lab’s Electron launch vehicle has become the most successful small launch vehicle globally. Peter shares why he focused on credibility and capability in the early days of company building, how constraints ensure Rocket Lab doesn’t outspend its peers, and why he thinks some regulation is needed in the space industry.