Following in SpaceX’s footsteps! Rocket Lab (RKLB.US) acquires Iridium Communications (IRDM.US) for $8 billion to achieve vertical integration of the space industry chain
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This move marks one of the largest integration actions in the commercial spaceflight sector in recent years. After the news was announced, as of press time, Rocket Lab's pre-market price rose by over 9%, and Iridium Communications surged by more than 22%.
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