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.
Rocket Lab successfully launched its 98th Electron rocket mission, delivering three HawkEye 360 satellites into low Earth orbit. These satellites operate in formation to collect radio frequency data for maritime tracking, GNSS jamming detection, and ...
Rocket Lab Corporation (RKLB) has been upgraded to a Buy rating due to its structural advantage of owning both launch and satellite assets, further boosted by its acquisition of Iridium, which is expected to bring immediate positive EBITDA. Meanwhile...
Space stocks are experiencing a sharper decline than the broader tech sector, with SpaceX, AST SpaceMobile, and Rocket Lab shares falling 6%, 6%, and 5% respectively. This drop follows a recent rally after SpaceX reported its first profitable quarter...
Rocket Lab Corporation announced it will release its financial results for the third quarter of 2026 after U.S. market close on November 9, 2026. The company will host a conference call at 2:00 p.m. Pacific Time to discuss the results, accessible via...
