On June 30, Rocket Lab USA rose 3.36% in regular trading, trading at approximately $101.08/share, with turnover of $1.559 billion, extending the prior session's strong momentum.

On the news front, Rocket Lab announced it has entered into a definitive agreement to acquire satellite communications provider Iridium Communications at $54 per share in a cash-and-stock transaction valued at approximately $8 billion. The deal aims to integrate Rocket Lab's rocket launch and satellite manufacturing capabilities with Iridium's global satellite communications network, L-band spectrum assets, and ecosystem of over 500 partners, creating a vertically integrated aerospace enterprise. As part of the financing arrangement, Rocket Lab has secured a $3.6 billion 364-day senior secured bridge term loan commitment from Deutsche Bank and Wells Fargo, with the remaining cash portion to be funded through balance sheet cash and a combination of debt and equity financing. The transaction is expected to close by mid-2027. The stock surged over 13% in the prior session on the initial announcement, and the continued gain reflects sustained investor confidence in the strategic rationale of this transformational deal.

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