Space sector heats up — Rocket Lab's Iridium buy + SpaceX joining Nasdaq-100 sig
Thesis
Rocket Lab's acquisition of Iridium is a transformative deal that vertically integrates launch capabilities with satellite communications — a combination that makes the company a mini-SpaceX. The timing is ideal: SpaceX joining the Nasdaq-100 forces index funds to buy the stock and brings retail attention to the entire space economy. With US-Iran tensions pausing and broader market futures rising, risk appetite should support high-growth names like RKLB in the near term. The market typically rewards companies that execute bold vertical integration plays during periods of improving sentiment.
Strategy approach
Build a rule-based strategy that enters long RKLB on D1 when the stock closes above its 10-day high within 5 trading days of the announcement, holding for 21 days with a 8% trailing stop.