Rocket Lab USA is trading at $74.52, up +4.40%, after Iridium shareholders approved the proposed merger on September 24, 2026.
- Shareholder approval removed a key transaction milestone; completion remains targeted for mid-2027.
- The transaction would make Iridium an indirect wholly owned subsidiary of Rocket Lab.
- Broader markets are modestly lower amid elevated Treasury yields, leaving company news as the primary driver.