RocketLab market cap is 57b.
Iridium market cap was 5.5b and this transaction values it at 8b.
I'm guessing they acquired it mostly exchanging stocks. Which I guess is an indication that their stock is overvalued right now if they're willing to overpay by that much.
How is Rocketlab valued 57B? They made $500M of revenue in 2025. This is 100x their entire balance sheet.