$Iridium(IRDM)$ Why is the price so low? Rocketlab is selling stock to fund the acquisition. It seems like a sure thing. Shouldn't it be trading closer to the buyout price?
$Rocket Lab USA, Inc.(RKLB)$ Rocket Lab's quarter was genuinely mixed. Revenue hit $234.07 million, beating the $231.35 million consensus and up 62% year-over-year. They signed $437 million in new Electron, HASTE and Neutron launch contracts, and the backlog reached a record $2.36 billion with about $2.13 billion in cash on hand. On the other side, they posted a Q2 loss of eight cents per share, just missing the estimate for a seven-cent loss. Guidance was strong regardless — they're guiding Q3 revenue to $250 million to $265 million against estimates of $238.53 million, with an expected adjusted EBITDA loss of $17 million to $23 million.
$Rocket Lab USA, Inc.(RKLB)$ I'm putting this down as a marker – RKLB hitting $90 within 2 weeks. I've been holding since $6 and have screenshots to back that up. Some of the bears around here seem to be running with a small account, hoping their puts print before rent is due.
$Rocket Lab USA, Inc.(RKLB)$ They're building the fourth and fifth launch pads in Kodiak now. The infrastructure works for both Electron and Haste, orbital or sub-orbital, and the claim is they can launch in under 24 hours once ordered. GHOST is apparently heading to a location of your choosing worldwide, courtesy of SRB.