Viasat Stock Surges Amid Rocket Lab-Iridium Merger Announcement
Rocket Lab announced its $8 billion acquisition of Iridium Communications, sparking excitement in the space sector and causing Viasat's stock to rise by over 17%. Despite not being involved in the deal, investors are speculating that Viasat could become a future merger target due to similar wireless spectrum assets.
Topics: mergers_and_acquisitions space_industry stock_price_spike