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News 2026-09-15 15:52 UTC

Rocket Lab Stock Jumps After $1.94 Billion Financing for Iridium Deal

Rocket Lab USA (RKLB) rose about 3% in early Tuesday trading after it completed an equity sale that provided about $1.944 billion in gross proceeds to support its planned purchase of Iridium Communications.The company sold 29.3 million shares through an at-the-market program. The proceeds are inten…