Rocket Lab USA Inc.Rocket Lab is acquiring Iridium Communications, positioning it as a fully integrated space company similar to SpaceX.
Investors seeking exposure to the space sector without buying SpaceX can consider AST SpaceMobile and Rocket Lab as more focused alternatives. SpaceX operates across rocket launches, the Starlink satellite broadband network, and an artificial intelligence division, but only Starlink is profitable. AST SpaceMobile is building a satellite-based broadband network and has partnerships with major cellphone providers, offering a way to target the profitable segment of SpaceX's business, though it remains unprofitable and relies on third-party launches. Rocket Lab, which builds and launches rockets, has agreed to acquire Iridium Communications in an $8 billion deal, which would make it a fully integrated space company similar to SpaceX but without the cash-burning AI business. All three companies are money-losing start-ups, and only the most aggressive growth investors should consider them.
Rocket Lab USA Inc.Rocket Lab is acquiring Iridium Communications, positioning it as a fully integrated space company similar to SpaceX.
Iridium Communications IncRocket Lab agreed to acquire Iridium Communications in an $8 billion deal, making it a fully integrated space company.
Ast Spacemobile IncMentioned as a focused alternative to SpaceX, but remains unprofitable and relies on third-party launches.
Space Exploration Technologies Corp. Class A Common Stock