Rocket Lab acquires Iridium satellite network in $8B deal to rival SpaceX's Starlink
New York Post — Business—Rocket Lab agreed to acquire Iridium Communications, the global satellite network operator, in an all-stock deal valued at approximately $8 billion — though some reports pegged the total deal value as high as $14 billion — positioning the company as a direct challenger to Elon Musk's Starlink. The acquisition gives Rocket Lab control over Iridium's constellation of 66 low-Earth orbit satellites providing global communications coverage. Wall Street Journal described the move as a bold bid to challenge SpaceX's dominance in the space communications market.
- New York Post — Business — Deal sets up direct showdown between Rocket Lab and SpaceX's Starlink
- Ars Technica — In a bold move, Rocket Lab acquires Iridium Communications
- Bloomberg — Rocket Lab agrees to acquire Iridium satellite network for $8 billion to expand in space
- RNZ — Rocket Lab acquires satellite firm Iridium in deal worth up to $14 billion to rival Starlink
- NZ Herald — Some reports pegged the total deal value as high as $14 billion
- Hacker News — Rocket Lab acquires satellite communications company Iridium in major space industry consolidation
- TechCrunch — All-stock deal gives Rocket Lab control of Iridium's 66-satellite low-Earth orbit constellation
- Wall Street Journal — Rocket Lab acquires Iridium in a bold bid to challenge SpaceX's space dominance
- Reuters — Rocket Lab buys Iridium in $8 billion deal to take on SpaceX