Space stocks are catching a bid Monday morning after Rocket Lab (NASDAQ:RKLB) unveiled a definitive agreement to acquire Iridium Communications (NASDAQ:IRDM) in a cash-and-stock deal carrying an ...
Rocket Lab's $8 billion Iridium acquisition lifted RKLB 12% and helped push ASTS and PL up 10%, recovering part of a ~45% prior-month selloff. Iridium brings $872M in revenue, $495M in EBITDA, and ...
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