No Degree, No Connections: How Peter Beck Created A $12 Billion Rocket Company

Peter Beck, the CEO of Rocket Lab, is a man who prefers to keep his feet firmly on Earth, even though he builds rockets that fly to space. While many people dream of traveling to space, Beck is content enabling others to reach the stars. "I have a burning desire to create things to help others go to space," he says. For Beck, space is not about personal adventure—it's about innovation.

Beck, originally from New Zealand, didn’t have a college degree or connections in the space industry when he started Rocket Lab in 2006. But despite the odds, his company is now worth an astounding $11.9 billion. Rocket Lab has launched dozens of successful rockets, making it one of the fastest-growing aerospace companies in the world.

As of November, Beck's personal net worth is estimated at $1.3 billion, according to Forbes. This places him in the company of other space billionaires like Jeff Bezos and Richard Branson. However, Beck has no interest in following in their footsteps and flying ...

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