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> Rocket Lab acquires satellite communications provider Iridium Communications for $8 billion. Who can still remember when Iridium went bankrupt?

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#1 Yesterday 13:58:02

Rocket Lab acquires satellite communications provider Iridium Communications for $8 billion. Who can still remember when Iridium went bankrupt?

https://www.cnbc.com/2026/06/29/rocket- … idium.html [Highly Credible Source (Liberal)]

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#2 Yesterday 14:13:21

Re: Rocket Lab acquires satellite communications provider Iridium Communications for $8 billion. Who can still remember when Iridium went bankrupt?

They are basically paying for the L-band license. Paying $8B for $4.6B in market cap is pretty extreme, though.

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