Rocket Lab Stock Soars After Acquiring Satellite Company Iridium Communications

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The space company Rocket Lab will acquire the satellite operator Iridium Communications in a deal valuing Iridium at $8.0 billion. Both stocks leaped on the news. Shares of Rocket Lab (RKLB) rose 13% before the open and Iridium Communications (IRDM) rallied more than 20%, according to MarketSurge. The move would significantly expand Rocket Lab's space operations, adding a 66-satellite network…

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6/25/2026 Rocket Lab will conduct three Electron rocket launches across two upcoming NASA missions. RKLB shares surge.

6/25/2026 Rocket Lab will conduct three Electron rocket launches across two...

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Fuente original: Yahoo Finance (https://www.investors.com/news/rocket-lab-iridium-communications-spacex-space-satellite/?src=A00220&yptr=yahoo)