Peter Griffin: BusinessDesk tech columnist on Rocket Lab buying Iridium for $14 billion to challenge Starlink

Best of Business · Jun 30, 2026 · 4m · transcript

Rocket Lab is buying satellite network operator Iridium for $14 billion, causing the company's shares to jump 18 percent, according to new reports.

This would put Rocket Lab in a position to go head-to-head with Starlink, owned by Elon Musk’s SpaceX.

BusinessDesk tech columnist Peter Griffin says this is an 'ambitious' move from CEO Peter Beck.

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