News

Nearly 100% of votes cast backed the acquisition, bringing Rocket Lab closer to completing its planned purchase of Iridium.

Rocket Lab Corporation (NASDAQ:RKLB) shares rose 8% on September 21 to close at $69.89, their best single-day performance in nearly two months, before rallying another 2% overnight as CEO Peter Beck laid out his fullest public case yet for why acquiring Iridium Communications Inc. (NASDAQ:IRDM) isn’t just another space-industry merger, but rather a rebranding of […]

CEO Peter Beck estimated Rocket Lab could have deployed Iridium’s constellation for about $350 million instead of $3 billion.

The space company sold about 5% of itself so it wouldn't have to borrow $3.6 billion. And the share count still isn't done growing.

The space business is roaring, and it isn’t just SpaceX getting all the applause. Rocket Lab stock jumped Monday after Cantor Fitzgerald analyst Andres Sheppard issued a bullish note on the company. Sheppard reiterated his Outperform rating on with a $122 price target.

The stock is down sharply from its peak, but Cantor's target implies room to nearly double

Rocket Lab Corporation (NASDAQ:RKLB) is approaching a milestone, and Wall Street recently offered it a new vote of confidence that extends beyond the company’s own rockets. Raymond James launched coverage of RKLB on September 11 with an Outperform rating and a $80 price target, implying a roughly 29% increase from current levels, and pointed out […]

Rocket Lab (NasdaqGS: RKLB) completed a US$1.94b equity offering to fund its planned acquisition of Iridium Communications. The company plans to cancel a previously arranged bridge loan, replacing that short term debt financing with new share capital. Management aims to combine Iridium's recurring satellite communications revenue with Rocket Lab's existing launch and space systems operations. The fully funded Iridium equity deal and bridge loan cancellation change Rocket Lab's balance sheet...

Cathie Wood's ARK Invest bought another 9,037 AeroVironment shares Tuesday, extending its AVAV buying to a second consecutive session.

One major risk surrounding Rocket Lab's expansion just disappeared

Rocket Lab stock gains as the company raises $1.944 billion via an ATM offering to fund Iridium deal. Here’s how you should play RKLB shares at current levels.

Toyota Motor (TSE:7203) has been in focus after a live demo with Iridium Communications and Deutsche Telekom IoT showed a Toyota vehicle sending a standards-based NB-IoT voice message entirely over a low Earth orbit satellite network. For investors watching the ticker, Toyota Motor’s share price has been relatively resilient, with a 90-day share price return of 7.51% and a 1-year total shareholder return of 6.09%. However, the year-to-date share price has declined 11.12%, suggesting longer...

The rocket launch and satellite specialist just reached an important milestone in its historic acquisition.

Rocket Lab Corporation (NASDAQ:RKLB) stock is rising 3% to $64.14 in Tuesday morning trading as investors respond to progress on the company’s planned acquisition of Iridium Communications. Rocket Lab completed a $1.944 billion at-the-market equity offering, giving Rocket Lab enough financing to cover the cash portion of the roughly $8 billion transaction and related costs. […]

The company completed its $1.94 billion at-the-market (ATM) stock offering, selling about 29.3 million shares.

The slower-growing Iridium business is expected to initially dilute Rocket Lab’s nearly 100% annual growth rate.

RKLB expands its military space communication role through new SDN contracts, supporting secure optical links and future satellite network opportunities.

Rocket Lab shares have shed nearly all their 2026 gains despite a record backlog and a deal that could fundamentally transform the company's revenue profile, and the gap between where the stock sits today and where our model puts it in 12 months is hard to ignore.

SpaceX does not oppose the deal but said Iridium’s alleged anticompetitive conduct “hangs as a cloud” over it.

Farrar said AST may need telecom backing for a major spectrum deal and faces heavy competition from SpaceX.

The launch company keeps setting records, and its backlog has more than doubled. The valuation assumes a much bigger company -- one that needs a rocket that hasn't left the ground.

Iridium (IRDM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Rocket Lab Corporation CEO Peter Beck said the company’s acquisition of Iridium Communications Inc. would help the Space Exploration Technologies Corp. rival expand its satellite communications business. Peter Beck Backs Iridium Deal During an interview with CNN on Wednesday, Beck...

Washington just started writing checks specifically to prevent a Starlink monopoly in orbit, and five U.S.-listed stocks sit directly in the path of that money before the window closes.

Rocket Lab announced a dollar-for-dollar $1.94 billion at-the-market (ATM) equity distribution plan on Thursday. But is it worth buying RKLB shares today?

HSR period lapses as Rocket Lab moves to replace a $3.6 billion bridge facility

Dividend and bylaw moves put Iridium Communications in focus Iridium Communications (IRDM) has attracted fresh attention after its board declared a cash dividend of $0.15 per share and approved amended bylaws featuring a new forum selection provision on August 10, 2026. See our latest analysis for Iridium Communications. The $49.65 share price sits on top of a strong run, with a 90 day share price return of 14.32% and a year to date share price return of 179.56%. The 1 year total shareholder...

Iridium Communications stock has surged 179.6% year to date, yet its valuation picture is mixed, with a Discounted Cash Flow (DCF) estimate pointing to meaningful upside while earnings-based multiples suggest the shares screen as expensive. Year to date, Iridium Communications has delivered a 179.6% return, which puts extra weight on whether the current price already reflects its long term prospects. The pending acquisition by Rocket Lab can support expectations for broader use of Iridium...

On Monday, Rocket Lab Corp. CEO Peter Beck said the company’s planned $8 billion acquisition of Iridium Communications Inc. is opening a new space-services opportunity — one that largely steers clear of the consumer broadband market dominated by Space Exploration...

Rocket Lab has agreed to acquire Iridium Communications (NasdaqGS: IRDM), aiming to combine Iridium’s satellite communications network with its own launch and satellite manufacturing operations. The planned deal is intended to expand Rocket Lab’s role beyond launch services into broader space applications using Iridium’s existing infrastructure. Both companies expect the transaction to reshape their positions in satellite services, with potential effects on how rivals compete for government...