Rocket Lab's stock jumped 3% following the completion of a $1.944 billion equity offering to finance its $8 billion acquisition of Iridium Communications. This financing move removes a major uncertainty by replacing a previous bridge loan commitment and amending Iridium's term loan. The acquisition aims to create a vertically integrated space company by adding Iridium's satellite communications business, which could diversify Rocket Lab's revenue and strengthen its market position. However, shareholders face dilution risks due to the new shares issued, and the deal still requires regulatory approval with an expected closing in mid-2027.
As of Sep 15, 2026 21:22 WIB, Rocket Lab (RKLB) trades at USD 63.95, up 2.24% but still far below its 52-week high of USD 150.23. In contrast, SpaceX (SPCX) and AST SpaceMobile (ASTS) are down 1.56% and 1.63% respectively, with SPCX at USD 145.81 and ASTS at USD 59.02, both also well below their 52-week highs of USD 202.09 and USD 133.09. This shows Rocket Lab's recent optimism on Pluang, despite its share price remaining closer to the lower end of its annual range.
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 ...
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...
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 ...
