RKLB is trading at $89.00 (4.4% down) as investors react to the company’s planned Iridium acquisition and the potential for significant shareholder dilution.
- The $8.0 billion transaction involves $3.6 billion in bridge financing, raising concerns over the financial structure and dilution risk associated with the deal.
- Analysts note a long closing timeline extending into 2027, while broader profit-taking in the space sector following a strong rally is adding further pressure to the stock.