Rocket Lab Corporation (RKLB)
SpaceX Falls 6% Despite a Bullish Dan Ives Rating as Rocket Lab Climbs 5%, Virgin Galactic Rises 3%
Space stocks are diverging sharply at midday Wednesday, with the market's newest space giant sliding even as smaller rivals rally on their own catalysts.
How Is Rocket Lab Expanding Through Space Mission Software?
RKLB expands mission software capabilities, strengthening integrated space solutions from launch planning to on-orbit operations.
RKLB and SPCX Gain Fresh Limelight: Which One Has the Edge?
Space stocks are having a moment, and two names leading the discussion today are Rocket Lab Corporation RKLB and SpaceX SPCX. Here's why both are grabbing headlines, and what it means for their long-term positioning.
Rocket Lab: From Sell To Strong Buy After The Iridium Acquisition
Rocket Lab (RKLB) acquires Iridium in an $8B deal, completing a three-pillar strategy: launch services, space systems, and space-based connectivity. This transformative acquisition brings 2.5M subscribers, global L-band spectrum, and 66 LEO satellites, enabling integrated constellation deployment and recurring revenues. RKLB's valuation profile improves with Iridium's $883M-$916M annual sales and $483M-$500M EBITDA, accelerating positive free cash flow and EBITDA timelines.
Rocket Lab to acquire Iridium in $8B cash-and-stock deal
Rocket Lab USA Inc (NASDAQ:RKLB) announced that it has agreed to acquire Iridium Communications in a cash-and-stock transaction valued at approximately $8 billion in a deal that would combine a leading launch and spacecraft manufacturer with an established global satellite communications operator. Under the terms of the agreement, Iridium shareholders will receive $27 in cash and a portion of Rocket Lab stock for each Iridium share, subject to a collar mechanism tied to Rocket Lab's share price.
Rocket Lab stock jumps 12%, Iridium soars 21% on $8B merger deal
Rocket Lab (RKLB) shares surged in trading on Monday after the company announced an $8 billion cash-and-stock acquisition of satellite communications provider Iridium Communications (IRDM), one of the biggest consolidation moves in the commercial space industry. Rocket Lab stock climbed 12% at the time of writing, while Iridium shares jumped about 21%.
Rocket Lab to take on SpaceX's Starlink with $8 billion acquisition
Rocket Lab said it is buying Iridium as a “shortcut” to expanding its growing capabilities.
Rocket Lab's $8 Billion Bet Could Turn It Into the Next SpaceX
The commercial space industry is entering a new phase.
Rocket Lab stock stuck above 200 EMA: Is it a buy after the NASA deal?
Rocket Lab (NASDAQ: RKLB) stock price has suffered a major reversal in the past few weeks, moving from the year-to-date high of $151 on May 27 to $84. This retreat continued even after the company landed a new NASA contract last week.
Rocket Lab And The Long Path To Profitability
Rocket Lab faces delayed profitability due to negative incremental margins driven by vertical integration initiatives and high early unit costs for Neutron. Rate hike probabilities have increased over the upcoming quarter, posing a significant multiple compression headwind for RKLB, exacerbated by its very negative FCF profile. RKLB needs a 30% 15-year revenue CAGR to justify its current valuations and earn a mere market-level return. Hardly any companies have grown at this rate for so long.
Space Stock Surging on Renewed NASA Partnership
Rocket Lab Corp (NASDAQ:RKLB) is trading 1.5% higher at $81.91 before the bell today, after NASA selected the company to provide three Electron launches, including the PolSIR and TSIS-2 missions.
Rocket Lab stock rises as NASA selects Electron for two missions
Shares of Rocket Lab (NASDAQ: RKLB) climbed in premarket trading after the space company announced that NASA had selected its Electron launch vehicle for two Earth and solar science missions. The missions, known as Polarized Submillimeter Ice-cloud Radiometer Satellite (PolSIR) and Total and Spectral Solar Irradiance Sensor-2 (TSIS-2), will launch from Rocket Lab's Launch Complex 1 in Mahia, New Zealand.
