4Mon·

Rocket Lab Crushes SpaceX

Rocket Lab $RKLB (-2.99%) has announced that it is acquiring Iridium $IRDM (-0.64%) . This is the final piece of the puzzle for Rocket Lab’s path to the big leagues. With Space Services, the picture is now complete.

https://youtu.be/63w39z-Emj8?is=zgLkyyHI3Q-hueDg

www.youtube.comUPDATE | Rocket Lab to acquire Iridium Communications

10 Comments

Klein-Anleger@Klein-Anleger

4Mon

SpaceX's P/E ratio for 2027 is 54, with growth of just under 30%

Rocket Lab's P/E ratio is just under 50, with recent growth of 63%…

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PikaPika0105@PikaPika0105

4Mon

@Klein-Anleger plus massive losses due to the XAI drag, which has nothing to do with the business, as well as the blind assumption that Starlink's monopoly will continue in the valuation.

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JKB@jkbdagun

4Mon

🥂

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TD@Routine123

4Mon

This is huge. This is 2nd step of vertical integration. Iridium already moved from proprietary to 3GPP NTN to allow all hardware to use its service. Now with this goes infrastructure vehicle. SpaceX is getting competition, and with this they already have customers in place.

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Artiskon@Artiskon

4Mon

I'm still annoyed that we couldn't get back in for 70 € ^^
Guess we'll have to shell out a good chunk of cash now 💰🚀

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PaBren@stocker_PaBr

4Mon

I just threw in another 2.5k. I'm curious to see how things turn out.

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Chris@IronEagle

3Mon

@PikaPika0105 Would you jump back in now? My stop-loss kicked in at 60 euros in February, and I ended up with a nice profit 🙈
Is now a good time to get back in? Why is Space's stock falling so much right now? Is it just because of the disappointment with SpaceX?
Thanks!!!

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PikaPika0105@PikaPika0105

3Mon

@IronEagle It's certainly not a bad thing in the long run. I think it was Morgan Stanley that just set a price target of $285. I think Space is just going through a correction.

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Deleted User

4Mon

Comment was deleted

alphawolf@alphawolf

4Mon

@Sona I've put in too little again. I really need to find some cash. It's hard to say if there'll be another dip like this 😬

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