Rocket Lab buys Iridium for $8bn in a bet to become a smaller Starlink

For most of its life Rocket Lab has sold the picks and shovels of the space economy: small rockets, satellite buses, components for other people’s missions. It has now decided that selling the tools is not as valuable as owning the mine. The company agreed to acquire Iridium Communications for about $8bn, paying $54 per […] This story continues at The Next Web