Metral
Markets

Rocket Lab is buying satellite communications firm Iridium in an $8 billion deal to compete with SpaceX

The cash-and-stock deal gives Rocket Lab a global satellite network, licensed spectrum, and 2.55 million subscribers

Rocket Lab is buying satellite communications firm Iridium in an $8 billion deal to compete with SpaceX

Published June 29, 2026 · Category: Markets

Overview

The cash-and-stock deal gives Rocket Lab a global satellite network, licensed spectrum, and 2.55 million subscribers

Source

Originally published at qz.com.

Related Articles

CD
Metral Newsroom

Metral covers global markets, stocks, crypto and the economy — desk research and data-driven analysis. Tip our newsroom: [email protected]

Email the newsroom →
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.