Episode Details
Back to Episodes
Peter Griffin: BusinessDesk tech columnist on Rocket Lab buying Iridium for $14 billion to challenge Starlink
Published 2 months ago
Description
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.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.