Bloomberg Technology
Rocket Lab to Buy Iridium in Challenge to SpaceX
Rocket Lab will acquire Iridium, a pioneer in satellite telephones, for $54 a share in a cash-and-stock transaction as smaller players in the orbital economy try to catch up with market leader SpaceX. Rocket Lab CEO Peter Beck explains how the deal came together with Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe…
@nkdamn
June 29, 2026 at 1:06 pm
“Neutron comes online by the end of the year” YASSS
@mashashtutman
June 29, 2026 at 1:08 pm
Peter Beck for the win!!! 🚀
@recycle320
June 29, 2026 at 1:10 pm
2 trillion galaxies and this guy thinks there competition.
@BEAMBEATS-MUSIC
June 29, 2026 at 1:26 pm
well Spacex got them companies rushing to buy spectrum.
@mr.francois5538
June 29, 2026 at 3:13 pm
Space x is probably in trouble
@MrValz0
June 29, 2026 at 1:28 pm
I like this guy simply for the reason that he did not mention AI.
@Naughtius_Maximus
June 29, 2026 at 1:33 pm
SpaceX will build a launch and landing hub there soon .
@Carl-e5d
June 29, 2026 at 1:46 pm
lol Challenge SpaceX… pffft… get out of here with this stupid nonsense. Let’s do a side by side comparison to show how Rocket Lab is challenging SpaceX ‘Doomberg’.
@6jot
June 29, 2026 at 1:47 pm
Peter thinks he is Elon
@scottgriz
June 29, 2026 at 3:09 pm
Hardly. He has his own vision and isn’t trying to play catch up. Slow and steady wins the race.
@6jot
June 29, 2026 at 4:47 pm
@scottgrizcopying Elon is his vision
@Stonkslayer
June 29, 2026 at 8:30 pm
They are quite different.
@milleddtube8755
June 29, 2026 at 1:58 pm
ROCKET LAB!!!!❤❤❤❤❤
@mirkoprevisic746
June 29, 2026 at 2:14 pm
This made my day! I love Iridium – use it as emergency comms for my mountaineering adventures. These two companies are such a perfect fit and I look forward to RKLB growing the Iridium TAM. I have been investing since the stock was at $6/share and just bought some more on the news. I think we will revisit $150/share sooner than expected and based on technical analysis may push towards the $200/share.
@tamilspacetech
June 29, 2026 at 2:14 pm
Congrats 🎉
@NoMamesStreet
June 29, 2026 at 2:22 pm
don’t sleep on ASTS
@JFVisuals
June 29, 2026 at 2:31 pm
its literally on the website, half cash half iridium
@rh323
June 29, 2026 at 2:44 pm
A lot of good information. But my favorite sentence is “Neutron comes online by the end of the year”
@Lake-Tahoe-B
June 29, 2026 at 2:53 pm
SpaceX is facing fierce criticism for demanding a massive $2 trillion valuation—trading at a staggering 109 times its annual sales—despite reporting a deep net loss of $4.9 billion due to astronomical capital expenditures.
@LoanwordEggcorn
June 29, 2026 at 7:29 pm
SpaceX is making more than $2 billion a month on the 5 billion data center net capex. They pay back that expense in 2.5 months. They’re selling 28 billion a year from that alone. 5 billion sounds like a lot of money, but it’s nearly insignifcant compared to that cash flow.
@Martocciaweb
June 29, 2026 at 3:22 pm
It’s fascinating how numb the business world is to how this deal would be financed. Back decades ago, I toured the Iridium factory and saw these tiny satellites up close. They later went bankrupt and became a business school case study into how to not finance with debt
@babyUFO.
June 29, 2026 at 3:23 pm
LMAO, a single launch facility will never “Challenge” spaceX. You’d better ramp it up 10x.
@SpaceCat-i1c
June 29, 2026 at 4:48 pm
#1 FAN OF RKLB💓💓💓
@camonthecoast
June 29, 2026 at 5:30 pm
Legend in the making! Go SPB and RocketLab!!
@xyandzhandler
June 29, 2026 at 6:18 pm
Hell yeah!!!! ❤❤❤
@JamesGhelarducci
June 29, 2026 at 6:36 pm
Forced buy. Two baby companies. Never know, but not a challenge to SpaceX
@caolaoban
June 29, 2026 at 6:44 pm
Mass of neutron is ~1800 times that electron. Can the Neutron Rocket carry 1800 times payload that Electron? I’m kidding – Neutron should be able to carry a lot more 🙂
@markwilson3723
June 29, 2026 at 7:21 pm
Outstanding
@j_mm1084
June 29, 2026 at 8:40 pm
Glad I hanged on to my RKLB
@lansa2023
June 29, 2026 at 9:05 pm
Full Stack + Applications … Rocket Lab will be the juggernaut of the 2030s.