Rocket Lab Bets on Iridium to Build a SpaceX-Style Business – Merger Arbitrage Mondays

Jul 06, 2026

∙ Paid

Iridium Communications Inc. (IRDM): $53.75

Market Cap: $5.68B

Deal Value: $8B

Rocket Lab Corporation (RKLB) entered a merger agreement on June 29, 2026, to acquire satellite communications ‌provider Iridium Communications in a deal valued at $8 billion, seeking to gain an edge by following SpaceX’s approach of building both its satellites and the rockets t…

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