- Rocket Lab to buy Iridium for $54/share (~$8B EV): $27 cash plus Rocket Lab stock via VWAP ratio. Deal backed by $3.6B bridge loan; expected close mid‑2027; adds L‑band network and 2.5M subs.
- Rocket Lab (RKLB) pulled back after a rally; trading saw ETF/mutual fund flows and valuation vs. growth debate. Price remained above key moving averages, per latest update.
TradingView
Key facts: Rocket Lab to Buy Iridium for $54; Shares Pull Back
Rocket Lab to buy Iridium for $54/share (~$8B EV): $27 cash plus Rocket Lab stock via VWAP ratio. Deal backed by $3.6B bridge loan; expected close mid‑2027; adds L‑band network and