Rocket Lab has canceled its $3.6 billion bridge loan without borrowing any money and fully funded its acquisition of Iridium Communications. Iridium's approximately $500 million annual EBITDA significantly improves Rocket Lab's financials, turning an $80 million EBITDA loss into about $420 million before the Neutron project. The deal involves issuing up to 72 million new shares, with only 17 million dependent on a stock-price collar mechanism. This acquisition is a major financial boost for Rocket Lab as it expands its business.
Rocket Lab's stock trades at USD 70.77 on Pluang as of Oct 08, 2026 00:52 WIB, down 5.72% for the day. This price is closer to its 52-week low of USD 39.48 than the high of USD 150.23, reflecting significant volatility. The market cap stands at $47.99 billion, while typical investor hold time is 29 days, with a majority of 68% selling on the platform at this time.
Space stocks, including Intuitive Machines, Rocket Lab, and Redwire, are experiencing significant declines, with Intuitive Machines falling 7% despite expanding its satellite manufacturing business. The sector-wide selloff contrasts with the broader ...
Space stocks, including Redwire, Rocket Lab, and Intuitive Machines, are selling off together with Redwire shares dropping 5% despite the company signing new contracts like a follow-on deal with Axiom Space and an agreement with Sophia Space. This se...
SpaceX shares fell 2% following reports that the company is seeking $40 billion in debt financing to purchase NVIDIA AI chips, fueling concerns about leverage in the capital-intensive space sector. This move aims to expand SpaceX's AI computing busin...
In October 2026, three space stocks—AST SpaceMobile, Rocket Lab, and Lockheed Martin—offer distinct investment profiles amid growing defense spending and satellite connectivity demand. AST SpaceMobile leads in technology with its BlueBird satellites ...
Rocket Lab is expanding from small Electron rocket launches to medium Neutron launches, aiming to compete directly with SpaceX's Falcon 9 and support large satellite constellations. Its Space Systems segment, which provides satellite components and s...
