Prediction: Rocket Lab Will Turn Profitable and Free-Cash-Flow-Positive in 2027 -- Thanks to Iridium
Rocket Lab announced it will acquire Iridium for $8 billion in 2027. The article notes that Rocket Lab is not yet profitable, while Iridium already is.
Why it matters — For Iridium watchers, the announcement frames Iridium's existing profitability as a key asset in Rocket Lab's planned acquisition, tying Iridium to a path toward the buyer's profitability and positive free cash flow.