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Rocket Lab continues buying spree by acquiring satellite company Iridium

The all-stock deal values Iridium at $8 billion and gives Rocket Lab even more firepower to compete against Amazon and SpaceX.

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AI summary

The all-stock deal values Iridium at $8 billion and gives Rocket Lab even more firepower to compete against Amazon and SpaceX.

What happened

The all-stock deal values Iridium at $8 billion and gives Rocket Lab even more firepower to compete against Amazon and SpaceX.

Why it matters

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Key facts
  • Category: tech
  • Edition: CN
  • Fetched: Mon, 29 Jun 2026 18:49:59 GMT

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