Rocket Lab Acquires Iridium for $8 Billion – the Underestimated Challenger to SpaceX is Gaining Traction!

I am convinced by how CEO Peter Beck is transforming Rocket Lab from a pure rocket manufacturer into an integrated space flight company. With the $8 billion acquisition of Iridium Communications ($54 per share, cash and stock deal), the company is bringing two strategically valuable assets into its fold: Iridium's proven LEO satellite network and – perhaps even more importantly – the scarce radio spectrum that is worth its weight in gold in the direct-to-device services market. Rocket Lab is thus entering a field where SpaceX, Amazon, and AST...