Nic FildesJul 23, 2026 – 3.46pmAfter successfully launching New Zealand’s first rocket into space, billionaire Sir Peter Beck is setting his sights on taking on Elon Musk and Jeff Bezos in the internet satellite business.Last month, the Rocket Lab founder signed the biggest cheque of his life, agreeing to pay $US8 billion ($11.4 billion) for US-listed satellite communications provider Iridium.Financial TimesSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
New Zealand’s ‘plucky upstart’ rocket man takes on Musk and Bezos
Rocket Lab founder Peter Beck last month paid $11 billion for US-listed satellite communications provider Iridium. The deal launched him into the big time.
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