Rocket Lab Corporation (NASDAQ: RKLB) shares are in the spotlight Thursday after surging approximately 24% over the past week.

Rocket Lab jumps after announcing an $8 billion deal to acquire Iridium, expanding into space-based telecom and satellite services.

Iridium shareholders will receive $27 in cash as well as Rocket Lab shares, with a combined value of $54 per Iridium share.

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

Rocket Lab acquires Iridium for $8B to build a vertically integrated space powerhouse spanning launch, satellites, and global network.

The all-stock deal values Iridium at $8 billion, and gives Rocket Lab even more firepower to compete against Amazon and SpaceX.

Rocket Lab will acquire satellite communications company Iridium in a deal valued at about US$8 billion (NZ$14.2b), with the aim of transforming the company, while taking on…

Rocket Lab rises after hours as investors continue reacting to its $8 billion Iridium acquisition announcement.

Rocket Lab is making its mark in the wider space ecosystem with the acquisition of satellite platform Iridium Communications.

Azioni Rocket Lab salgono del 16% grazie all'accordo da 8 miliardi con Iridium. Scopri livelli chiave e scenari tecnici per il futuro del titolo.

Rocket Lab shares are trading higher Tuesday on possible continued momentum after announcing an agreement to acquire Iridium Communications.

Rocket Lab Corp (NASDAQ:RKLB) shares are moving higher Tuesday. Multiple analysts provided updates following the company's Iridium acquisition announcement.

Rocket Lab Corporation (NASDAQ: RKLB) shares are in the spotlight Thursday after surging approximately 24% over the past week.