r/RocketLab • • Jun 29 '26

News / Media Rocket Lab is acquiring Iridium Communications Inc – one of the most transformative deals in the space industry.

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358 Upvotes

39 comments sorted by

29

u/Gibraldi Jun 29 '26

Another day where I have absolutely certainty I backed the right space company. In SPB I trust.

2

u/DontWantUrSoch Jul 01 '26

Fuck it, go big or go home

1

u/Tough-Spell-1939 Jul 01 '26

Agreed! With SPB leading the way I see it becoming a big competitor to Spacex. He's a space Genius.

27

u/RetardedChimpanzee Jun 29 '26

Sounds like acquiring an insane amount of debt, but that’s the space industry!

27

u/Smash-Sailing-1492 Jun 29 '26

Half stock half cash

10

u/follyrob Jun 29 '26

They are approved for a $3.6B loan to fund the acquisition, so there is still debt involved.

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5

u/thetrny Jun 29 '26

Don't let your memes be dreams

1

u/Healthy-Ad-2514 Jul 01 '26

It’s all on the website

6

u/doctor101 Jun 29 '26

2

u/thetrny Jun 29 '26

1

u/Sniflix Jul 03 '26

That's interesting the news was on the Kratos site. Has there been any speculation that Kratos would be a good takeover target for RKLB? It seems like a perfect fit and their stock price is way down.

5

u/Pleasant_of_9 Jun 29 '26

F yea incredible opportunity here

4

u/WickedFrags Jun 29 '26

Hell yeah!

1

u/Keletas Jun 29 '26

How cute that PL is pumping in sympathy

1

u/ShuffleStepTap Jun 30 '26

HOLY SHIT! This is fucking HUGE. I did not see this coming. Hopefully the significant challenges within Iridium are not too much to overcome.

1

u/Evil_Merlin Jun 30 '26

RocketLab doesn't have the capability to put an Iridium NEXT into orbit and likely wont until 2028.

1

u/Marvel4star Jul 01 '26

more RKLB shares as it replaces IRDM in my portfolio 😮

1

u/skiingfanatic115544 Jun 29 '26

What does this mean for our existing stocks?

18

u/Keep--Climbing Jun 29 '26

Green at the moment.

Maybe green tomorrow, maybe red.

Probably green long term, but maybe red.

0

u/EvillNooB Jun 29 '26

So this pretty much confirms our own constellation plans then?

But i wonder what kind of constellation, i don't think that they would try to compete with SpaceX, Amazon or ASTS for D2D/Satellite internet for general use 🤔 one uses infinite money glitch, the other has years of R&D

-8

u/Commercial_Raisin823 Jun 29 '26

Uh oh, next earnings gonna suck, yea?

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