Rocket Lab's stock jumped 6% after the FCC accepted the license-transfer applications for its planned acquisition of Iridium Communications, initiating a public comment period. This procedural step removes an early risk of the deal stalling but is not final approval. The acquisition would add recurring revenue to Rocket Lab by operating Iridium's satellite constellation. However, challenges remain, including a shareholder vote and competitor SpaceX raising concerns in the FCC docket. Investors should watch for further regulatory developments and public comments before the deal closes, expected mid-next year.
As of Sep 18, 2026 01:02 WIB, Rocket Lab's stock is trading at USD 67.94 on Pluang, showing a 6.66% increase in one day, reflecting strong market interest following the FCC's acceptance of its license-transfer applications. The company's market capitalization stands at $40.73 billion, with a notable volume of 17,637,304 shares traded. This price movement on Pluang aligns closely with the reported 6% jump, highlighting investor optimism about the potential acquisition of Iridium Communications.
