$Rocket Lab USA, Inc.(RKLB)$ $Iridium(IRDM)$ Rocket Lab just made one of the boldest moves in the space industry.
For around $8B, they're acquiring:
A global satellite constellation
Highly valuable licensed spectrum
Approximately $900M+ in annual recurring revenue
Deep U.S. government and defense relationships
Mission-critical global communications infrastructure
Over 1,000 experienced employees
The cash portion alone is roughly equal to $Firefly Aerospace Inc.(FLY)$ 's entire market cap today.
This isn't just an acquisition—it's a bet on becoming one of the world's leading end-to-end space infrastructure companies.
A bold move by Peter Beck.
$SpaceX(SPCX)$ $Tema Space Innovators ETF(NASA)$
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