Investment
Features
FeesSafety
Academy
More
Pluang+

Rocket Lab boosts growth with $54/share acquisition of Iridium's cash-generating satellite network

Market News
25 Sep 2026
Seeking Alpha
View Source
Bullish
Rocket Lab boosts growth with $54/share acquisition of Iridium's cash-generating satellite network

Rocket Lab is accelerating its transformation into a full space infrastructure platform by acquiring Iridium Communications for about $54 per share. This deal adds a mature, revenue-generating low Earth orbit (LEO) satellite network, strong government contracts, and steady recurring revenues to Rocket Lab's portfolio. The acquisition provides immediate scale and valuable orbital assets, enhancing Rocket Lab's presence in defense and connectivity markets. The market values Rocket Lab at a premium, reflecting confidence in its execution and integration of Iridium's assets.

Rocket Lab trades at USD 74.60 on Pluang as of Sep 25, 2026 18:02 WIB, up 1.34% in one day. The stock's market cap is $47.07 billion, reflecting strong investor interest despite a 65% sell order activity. Its 52-week price range is between $39.48 and $150.23, showing significant volatility over the year.

More News (RKLB)

Space stocks Rocket Lab, Planet Labs, and AST SpaceMobile rally 4-6% on sector-wide buying.

Space stocks Rocket Lab, Planet Labs, and AST SpaceMobile rally 4-6% on sector-wide buying.

Rocket Lab, Planet Labs, and AST SpaceMobile stocks rose between 4% and 6% amid broad buying interest in pure-play space companies, despite no specific news for any of them. This coordinated rally highlights investor enthusiasm for the space sector, ...

Market News
Bullish
23 hours ago
ARK Invest trims Alphabet to invest in high-growth space startup Rocket Lab.

ARK Invest trims Alphabet to invest in high-growth space startup Rocket Lab.

ARK Invest, led by Cathie Wood, has reduced its holdings in Alphabet to increase investment in Rocket Lab, a space company trading at a high valuation despite current losses. Rocket Lab's recent growth includes a 62% revenue increase and a record bac...

Market News
Bullish
1 day ago
SpaceX shares drop 4% amid upcoming share unlock and valuation concerns

SpaceX shares drop 4% amid upcoming share unlock and valuation concerns

SpaceX stock fell 4% to $148.13 due to concerns over a large share unlock on September 24 and a $52 million stock sale by COO Gwynne Shotwell. Investors are also cautious about the company's high valuation following its June IPO, despite growth prosp...

Market News
Bearish
1 day ago
Rocket Lab seen as key SpaceX rival with Neutron rocket debut, Cantor Fitzgerald keeps Overweight rating.

Rocket Lab seen as key SpaceX rival with Neutron rocket debut, Cantor Fitzgerald keeps Overweight rating.

Cantor Fitzgerald analyst Andres Sheppard reaffirmed an Overweight rating and $122 price target on Rocket Lab, highlighting the upcoming debut of its Neutron rocket as a unique commercial competitor to SpaceX's Falcon 9. The firm views Rocket Lab as ...

Analyst Insights
Bullish
3 days ago
Redwire stock jumps 8% but remains down 3% in a tough month for space stocks.

Redwire stock jumps 8% but remains down 3% in a tough month for space stocks.

Redwire shares surged 8% in a single session, partially recovering from a 3% decline over the past month amid a broader sell-off in space stocks. The drop in Redwire and its peers like Rocket Lab and Intuitive Machines reflects a sector-wide re-ratin...

Market News
Neutral
3 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App