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Rocket Lab Acquires Iridium

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· 1d · on MSN

Rocket Lab is set to acquire satellite telecom giant Iridium for $8 billion

Rocket Lab's strategy appears similar to SpaceX and its Starlink satellite business.

Barchart on MSN · 9h

Rocket Lab is acquiring Iridium for $8 billion. What that means for RKLB stock now.

· 1d · on MSN

Rocket Lab enters satellite communications market with $8-billion deal

· 1d

In a bold move, Rocket Lab acquires Iridium Communications

Rocket Lab announced on Monday that it is acquiring the satellite communications company Iridium.

· 1d

Rocket Lab pops 9%, Iridium soars 20% on $8 billion space consolidation deal

· 1d

Iridium Communications And Rocket Lab Take Off To Orbit Together

24/7 Wall St.

Rocket Lab Soars 12% on $8 Billion Iridium Takeover, AST SpaceMobile and Planet Labs Rise 10%

Space stocks are catching a bid Monday morning after Rocket Lab (NASDAQ:RKLB | RKLB Price Prediction) unveiled a definitive agreement to acquire Iridium Communications (NASDAQ:IRDM) in a cash-and-stock deal carrying an enterprise value of approximately $8 billion.

The $8 Billion Reason Rocket Lab Is Up Today

Rocket Lab shares rally as management announces acquisition of Iridium Communications. Here’s why the deal is bullish for RKLB shares.