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HSR period lapses as Rocket Lab moves to replace a $3.6 billion bridge facility

IRDM benefited from Rocket Lab’s $8 billion takeover, while VSAT rallied on the value of its scarce spectrum assets.

Rocket Lab is a pure-play space stock with businesses spanning the entire space value chain.

Starlink has been a gem for SpaceX, but it could face an influx of competition in the near future.

The space-launch company is shelling out serious dough to pull this deal off, but it's arguably worth it.

Rocket Lab just made its biggest move yet. The space company, known for launching small rockets into orbit, is buying Iridium Communications in a deal valued at about $8 billion. For years, Rocket Lab (RKLB) built rockets and satellite parts for other companies. Now it wants to own and ...

Rocket Lab (NASDAQ:RKLB) shares gained 5% on Monday after the company announced an agreement to acquire satellite communications provider Iridium Communications (NASDAQ:IRDM) in a transaction valued at approximately US$8 billion. Trading in Iridium shares was halted pending the announcement after the stock last traded at US$43.

The cash-and-stock deal gives Rocket Lab a global satellite network, licensed spectrum, and 2.55 million subscribers

The ARK Space Exploration & Innovation ETF (CBOE:ARKX) has become a popular parking spot for investors seeking space exposure without waiting for the SpaceX IPO. With Elon Musk’s rocket company reportedly headed toward a public listing at a valuation north of a trillion dollars, retail demand for a single ticker capturing the theme has surged. ARKX, with ... Forget Pouring Everything Into the SpaceX IPO. This Fund Spreads the Space Bet and Is Up 46% in a Year

AST SpaceMobile didn't stumble on Friday, but that hardly mattered when the biggest name in space decided to go public.

ARK Investment Management sold shares in Teradyne, Twist Bioscience, Iridium Communications, and Robinhood Markets, among other companies.