The latest trading day saw Rocket Lab Corporation (RKLB) settling at $100.07, representing a -1.55% change from its previous close.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Is buying a profitable satellite network outright the smartest money this launch company has ever spent?
KeyBanc Capital Markets Senior Research Analyst, Aerospace & Defense, Michael Leshock, explains why he believes SpaceX (SPCX) is not a buy right now, adding that investors should wait to invest until some sizable milestones are met before diving into the stock.
Firefly Aerospace posts 135% revenue growth while Rocket Lab pursues a game-changing $8 billion acquisition, here’s how their financials and risks compare.
Rocket Lab’s $8 billion Iridium deal gives the space company something that cannot be built overnight: a global satellite communications network. The company is buying Iridium Communications (IRDM) to move deeper into satellite networks, spectrum, and recurring communications revenue. Owning that ...
Space stocks are diverging sharply at midday Wednesday, with the market’s newest space giant sliding even as smaller rivals rally on their own catalysts. SpaceX (NASDAQ:SPCX) shares are down 6% to $159.81, while Rocket Lab (NASDAQ:RKLB) stock is up 4% to $105.64 and Virgin Galactic (NYSE:SPCE) stock is climbing 3% to $2.99. The split looks ... SpaceX Falls 6% Despite a Bullish Dan Ives Rating as Rocket Lab Climbs 5%, Virgin Galactic Rises 3%
The Nasdaq 100 (^NDX) is where investors find some of the most innovative and disruptive companies shaping the future. A select few continue to execute at a high level, growing their market dominance and delivering strong returns.
RKLB expands mission software capabilities, strengthening integrated space solutions from launch planning to on-orbit operations.
Investor interest in the broader space sector is reignited. Planet Labs PBC rallied over 15% after Rocket Lab announced its $8 billion acquisition of Iridium Communications.
During an interview with CNBC, Beck said that the $8 billion Iridium deal provides Rocket Lab with a great entry point to launch application services in space.
The launch had reached advanced prep stages, with Electron vertical on the pad, liquid oxygen loading underway and weather 70% favorable for liftoff.
Shares of aerospace and defense company Rocket Lab (NASDAQ:RKLB) jumped 4.1% in the afternoon session after its stock continued to rally following the announcement of a deal to acquire Iridium Communications for approximately $8 billion.
Investing.com -- Federal Aviation Administration workers cannot purchase or own shares in SpaceX following the company's public debut earlier this month, Politico reported Tuesday citing an internal agency document.
The combined entity will be an end-to-end space company.
Rocket Lab just made its biggest move yet. The space company, known for launching small rockets into orbit, is buying Iridium Communications in a deal valued at about $8 billion. For years, Rocket Lab (RKLB) built rockets and satellite parts for other companies. Now it wants to own and ...
The space rally that kicked off yesterday is rolling straight into Tuesday’s session. Planet Labs (NYSE:PL) stock is up 8% to $33.65, Rocket Lab (NASDAQ:RKLB) stock is up 5% to $102.75, and SpaceX (NASDAQ:SPCX) stock is up 4% to $170.12 in midday trading. This looks like a broad move across the sector. All three pure-play ... Planet Labs Spikes 8%, Rocket Lab Gains 5%, SpaceX Climbs 4% as the Space Rally Rolls On
Rocket Lab's ambitious business makes each quarterly report an exciting affair.
Rocket Lab Corp. and Iridium Communications Inc. announced Monday that they have entered into a definitive agreement under which Rocket Lab will acquire Iridium in a cash-and-stock transaction valued at approximately $8 billion in enterprise value. Under the agreement, Iridium...
Rocket Lab stock was up 3.1% at $100.94 in premarket trading, while the and were up 0.2% and 0.1%, respectively. The move follows on Monday’s massive 15.9% gain, which came after Rocket Lab agreed to buy Iridium for $54 a share, turning Rocket Lab into a mini- SpaceX with the ability to launch rockets, build satellites, and operate a communications network in space.
RKLB's planned Iridium acquisition would create a global satellite network, L-band spectrum and subscription revenue, reshaping its space business if approved.
Be ‘fearful when others are greedy and greedy when others are fearful.’
SPCX to enter Nasdaq-100, while Rocket Lab inks an $8B Iridium deal. Which space stock has the stronger long-term edge?
Rocket Lab Corporation (NASDAQ:RKLB) is among the 8 Aerospace and Defense Stocks with the Largest 5Y Share Price Returns, having surged nearly 800% during the period, as of the close on June 29. On June 25, the company announced that it had been selected by NASA to launch Sun and Earth Sciences missions. Under the […]