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AST SpaceMobile gave investors another constellation milestone, keeping attention on launch cadence and the path toward commercial service.

(Updates with index/price moves and geopolitical news from the first paragraph.) US equity indexe

Iridium Communications stock soars as Rocket Lab agrees to buy the company at a significant premium. But is there any further upside left in IRDM shares? Let’s find out!

Wall Street bounced back Monday as investors hit pause on last week’s tech selloff. A flurry of corporate deal activity lifted major indexes.

Dow Jones Futures: The stock market rallied Monday on U.S.-Iran news. Alphabet, Rocket Lab, SpaceX stock and Tesla surged.

Rocket Lab's strategy appears similar to SpaceX and its Starlink satellite business.

Tech stocks were higher late Monday afternoon, with the State Street Technology Select Sector SPDR E

Yahoo Finance Senior Autos Reporter Pras Subramanian joins Market Domination to discuss Rocket Labs' (RKLB) deal to purchase Iridium Communications (IRDM), how the deal expands its satellite capabilities, and whether it strengthens the company's position against SpaceX (SPCX).

Planet Labs Surges After Rocket Lab's Blockbuster Iridium Buy

Craig-Hallum states that the $8-billion acquisition expands Rocket Lab’s space services footprint instead of putting it in direct competition with SpaceX’s Starlink.

Rocket Lab will buy Iridium in a cash-and-stock deal, combining launch, satellite manufacturing, and low-Earth orbit communications.

Rocket Lab Stock Surges After Landmark Deal. SpaceX Has a New Challenger

Tech stocks were higher Monday afternoon, with the State Street Technology Select Sector SPDR ETF (X

(Updates with index/price moves, macroeconomic data, and company/geopolitical news from the first pa

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...

A blockbuster deal positions the company to compete more directly with SpaceX.

All three major US stock indexes were up in late-morning trading Monday, as the US and Iran once aga

Is Rocket Lab's Iridium purchase good news for Viasat? There's two ways to answer that.

Rocket Lab is buying Iridium. Is Planet Labs next on the space shopping list?

Shareholders of both Rocket Lab and Iridium Communications apparently see benefits to their combination.

Rocket Lab (RKLB) agreed to acquire satellite communications provider Iridium Communications (IRDM)

Rocket Lab on Monday said it's agreed to acquire Iridium Communications for $8 billion in cash and stock.

Rocket Lab just issued a direct challenge to SpaceX's space supremacy.

Comcast’s planned breakup is sending Charter Communications’ stock soaring. The cable giant plans to spin off NBCUniversal and Sky operations, leaving Comcast to focus on broadband, wireless and cable. “The core regulatory questions [for a potential bid] become cleaner: broadband concentration, local market overlap, wireless bundling and the FCC public interest review,” research firm MKI Global Partners said in a note today.

Rocket Lab (NASDAQ:RKLB) shares gained 5% on Monday after the company announced an agreement to acquire satellite communications provider Iridium Communications (NASDAQ:IRDM) in a transaction valued at approximately US$8 billion. Trading in Iridium shares was halted pending the announcement after the stock last traded at US$43.

FEATURE Rocket Lab wants to be more like SpaceX Investors love the idea. Rocket Lab is making an $8 billion strategic shift. It’s buying satellite Iridium Communications Rocket Lab will pay $54 a share in a cash-and-stock transaction.

Rocket Lab, a challenger to SpaceX in the rocket launch business, is now going after SpaceX in a different way: satellite connectivity services.

Space stocks are catching a bid Monday morning after Rocket Lab (NASDAQ:RKLB) unveiled a definitive agreement to acquire Iridium Communications (NASDAQ:IRDM) in a cash-and-stock deal carrying an enterprise value of approximately $8 billion. Rocket Lab stock is up 12% to $95 in early trading. The deal validates consolidation across the satellite economy, and peers are ... Rocket Lab Soars 12% on $8 Billion Iridium Takeover, AST SpaceMobile and Planet Labs Rise 10%

The commercial space industry is entering a new phase. Simply reaching orbit is no longer enough to build a durable business. The companies likely to create the most shareholder value over the next decade are those that control more of the space economy — from designing satellites and launching them to operating the communications networks ... Rocket Lab’s $8 Billion Bet Could Turn It Into the Next SpaceX

Rocket Lab bought the satellite operator Iridium Communications in a bid to create a vertically integrated rival to Elon Musk's SpaceX.