Rocket Lab's $8B Iridium Deal Rewrites the Space Sector — and Tech Reclaims the Dow
Rocket Lab announced an $8B acquisition of Iridium Communications — RKLB +15.9%, IRDM +25.4% — creating a vertically integrated space giant. Alphabet officially joined the Dow, replacing Verizon. After hours, Nuvectis (NVCT) fell 20.5% on a dilutive stock offering announcement.