Rocket Lab Sold $1.9 Billion of New Stock to Pay for Iridium. Here's the Dilution Math.

Rocket Lab raised $1.94 billion by selling about 29.3 million new shares at an average price of about $66 each. The completed stock sale let the company cancel the $3.6 billion bridge loan backing its pending acquisition of Iridium.

The Motley Fool • Sep 22, 2026

Rocket Lab Jumps 6% as FCC Clears First Hurdle on Iridium Deal; Iridium Communications Barely Budges

Rocket Lab (NASDAQ:RKLB | RKLB Price Prediction) shares are rallying after a first-step regulatory clearance on its planned acquisition, while the target, Iridium Communications (NASDAQ:IRDM), is barely moving on the same news.

24/7 Wall Street • Sep 17, 2026

Rocket Lab Fully Finances Its Iridium Deal — Here's What Else Happened This Week

Rocket Lab Corporation (NASDAQ:RKLB) had a busy week that included a fresh Electron launch, an analyst initiation and a major financing milestone for its pending Iridium acquisition.

Benzinga • Sep 16, 2026

Rocket Lab Rises 3% on Iridium Deal Optimism; SpaceX and AST SpaceMobile Slip 1%

Rocket Lab Corporation (NASDAQ:RKLB | RKLB Price Prediction) stock is rising 3% to $64.14 in Tuesday morning trading as investors respond to progress on the company's planned acquisition of Iridium Communications. Rocket Lab completed a $1.

24/7 Wall Street • Sep 15, 2026

Rocket Lab Raises Funds To Prepare For Closing Of Iridium Acquisition

Rocket Lab announced that it had completed an equity offering to help fund its acquisition of Iridium. The $1.94 billion capital raise, together with its existing cash balance, is sufficient to complete the deal.

The Motley Fool • Sep 15, 2026

Iridium: A Merger-Arb Hold At Current Levels

I rate Iridium a Hold with a $48 target, reflecting limited upside versus deal risk and timeline. The current valuation is driven by the pending Rocket Lab merger, not IRDM's standalone fundamentals. Deal structure, regulatory approvals, and RKLB share price at close are the primary catalysts and risks.

Seeking Alpha • Sep 10, 2026

Iridium, Deutsche Telekom IoT, and Toyota Demonstrate Voice Messaging over Satellite via Iridium NTN Direct

Newly completed roaming agreement extends Deutsche Telekom's IoT coverage onto Iridium's satellite network  MCLEAN, Va., Sept. 10, 2026 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice, data, aircraft surveillance, and positioning, navigation, and timing (PNT) satellite services, and Deutsche Telekom IoT (DT IoT) today announced the successful transmission of a voice message over Iridium NTN Direct℠ in a demonstration with Toyota.

PRNewsWire • Sep 10, 2026

Iridium CEO Sells Over 9,500 Shares as Rocket Lab Is Poised to Acquire the Company

The disposal of 9,583 shares at $46.98 per share represented a transaction value of ~$450,209 as of the September 1, 2026 transaction date. The traded shares were equal to 0.66% of the stake held by the insider before the filing.

The Motley Fool • Sep 3, 2026

Furuno Unveils New SOLION-100 Terminal for Iridium GMDSS

The SOLION-100 combines GMDSS, Ship Security Alert System and Long-Range Identification and Tracking capabilities in a single Iridium Certus 100 terminal for newbuild and retrofit vessels. HAMBURG, Germany, Sept.

PRNewsWire • Sep 1, 2026

Iridium Communications Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Iridium Communications Inc. - IRDM

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Iridium Communications Inc. (NasdaqGS: IRDM) to Rocket Lab Corporation (NasdaqGS: RKLB). Under the terms of the proposed transaction, shareholders of Iridium will receive $27.00 in cash and a number of shares of Rocket Lab common stock calculated pursuant to an exchange ratio for each share of Iridiu.

Business Wire • Sep 1, 2026