Re:Rocketlab acquires Iridium
by NetMageSCW on Monday June 29, 2026 @11:15AM
(#48720369)
What does Tesla have to do with Starlink or launch services?
Derp; I meant SpaceX.
Re:Rocketlab acquires Iridium
by nonethewiser on Monday June 29, 2026 @12:59PM
(#48721806)
Might be one-in-the-same soon enough
Re:Rocketlab acquires Iridium
by devindotcom on Monday June 29, 2026 @02:33PM
(#48723255)
just a friendly note that the idiom is "one and the same"
Seems unlikely now that both are separate public companies. Creative accounting acquisitions are somewhat more difficult in that context.
Alternative take: if a SPCX-TSLA merger proposal is publicly announced, that will create market enthusiasm (quite possibly irrational) about “unlocking synergies” which will temporarily pump both stocks, thereby making Musk (and all the other insiders) richer, even if only temporarily.
Plus, the two firms already cooperate heavily, and Musk wants them to cooperate more, but being two separate public companies adds a lot of legal friction to that cooperation (each board has to review and sign off on things independently) and legal risks (shareholder lawsuits alleging they are cooperating in ways contrary to shareholder interests)
So I think, from Musk’s viewpoint, it is a very logical next step, which means it probably will happen sooner or later
Re:Rocketlab acquires Iridium
by baggachipz on Monday June 29, 2026 @04:49PM
(#48725039)
They also want to continue to use Tesla as the piggy bank to offset the (vast) losses by the other companies. Once the "dump" phase is finished on the SpaceX pump-and-dump, Tesla will swoop in and buy SpaceX (or vice versa) in some all-stock deal and arbitrarily value it at $2 trillion.
Re:Rocketlab acquires Iridium
by mcintyre1994 on Monday June 29, 2026 @04:58PM
(#48725148)
I have a really dumb prediction that at some point he’ll name one of the public companies X, presumably either SpaceX or a merged company. The dumbest people in the world would say he’s turned Twitter into a $2tn company and he’d find that hilarious.
It would be hilarious if Musk merged SpaceX and Tesla, and then decided to call the result Twitter
If you can afford to outright buy a customer to secure future demand for your product, does that not imply that this customer is "too small" to matter all that much? Because you could've just used the capital you spent on acquiring him on riding out demand fluctuations instead?
Also, RocketLab builds their own sats and can add the Iridium constellation replacements to their order book. It's a win-win. A smart move by Peter Beck and his team.