Rocket Lab Targets SpaceX’s Starlink Dominance in New Deal

This Scrappy Little Rocket Company Just Made a Big Play Against Elon Musk

Rocket Lab challenges SpaceX with $8B Iridium deal, aiming to rival Falcon 9 and disrupt satellite internet.

Watch Rocket Lab Targets SpaceX's Starlink Dominance in New Deal | Bloomberg Tech 6/29/2026

Bloomberg’s Ed Ludlow speaks with the CEO of Rocket Lab about the company's biggest bet yet: buying Iridium in an $8 billion deal to challenge SpaceX in the orbital economy. Plus, South Korean firms, including Samsung and SK Hynix will spend at least $880 billion on chips and data centers, as the country seeks to maintain its edge in the AI era; and Anthropic wins US approval to restore some access to its Mythos 5 AI model after resolving concerns about the technology's potential threats to national security.

Rocket Lab/Iridium Deal Seen as Insulation From SpaceX

Launch company Rocket Lab, in buying Iridium, picks up L-band spectrum assets and also gets an entry into a variety of applications that are largely insulated from SpaceX competition, analysts and consultants say. The $8 billion cash and stock transaction...

Rocket Lab Targets SpaceX’s Starlink Dominance in New Deal

Bloomberg’s Ed Ludlow speaks with the CEO of Rocket Lab about the company’s biggest bet yet: buying Iridium in an $8 billion deal to challenge SpaceX in the orbital economy. Plus, South Korean firms, including Samsung and SK Hynix will spend at least $880 billion on chips and data centers, as the country seeks to maintain its edge in the AI era; and Anthropic wins US approval to restore some access to its Mythos 5 AI model after resolving concer…

Rocket Lab aims to become 'space super power' via Iridium deal

By acquiring Iridium's tech, services and spectrum, Rocket Lab creates a 'shortcut' to becoming a 'fully-integrated, self-launching space super power,' says CEO Peter Beck.