๐ Rocket Lab acquires Iridium โ space sector stocks go vertical across the board
Rocket Lab's takeover of Iridium sent a wave through the entire space sector today: Iridium is up ~22%, Rocket Lab up ~11%, and sympathy plays like ViaSat (+19.6%), Satellogic (+13%), and Planet Labs (+12%) all caught major bids. The deal pairs Rocket Lab's launch capabilities with Iridium's global satellite network โ a combination that could reshape low-earth-orbit infrastructure. Not financial advice. Are we at the beginning of a full-on space sector consolidation wave?