Business · 1h ago
Rocket Lab to Acquire Iridium for $8B, Challenging SpaceX
Rocket Lab announced an $8 billion acquisition of Iridium Communications, combining its launch services with Iridium's satellite network. The deal serves over 2.5 million subscribers and positions Rocket Lab to compete directly with SpaceX in satellite communications. The acquisition is expected to close in 2026, pending regulatory approval.
Meridian48 take
This bold bet merges launch and network assets, but integrating a legacy constellation with a startup's culture and finances is a high-risk play against SpaceX's scale.
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Rocket Lab is buying Iridium’s satellite network for $8 billion to take on SpaceX →
The Verge
satellite-communicationsspace-acquisition