Rocket Lab to purchase Iridium for $8 billion in SpaceX problem#shorts #rocketlab #spacex #iridium

Rocket Lab agreed to buy Iridium Communications, a pioneer in satellite telephones, in a cash-and-stock transaction as smaller players in the orbital economy try to catch up with market leader SpaceX. CEO Peter Beck joins Ed Ludlow to discuss the move https://bloom.bg/4whQElO