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

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

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Peter Griffin: BusinessDesk tech columnist on Rocket Lab buying Iridium for $14 billion to challenge Starlink

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/502624f8-2ac1-428c-894b-b47900803ac3/transcript