Rocket Lab's $8B Iridium Grab — Long the New Space Giant
Thesis
Rocket Lab's $8 billion acquisition of Iridium transforms the company from a pure launch provider into a comprehensive space services giant, which the market is cheering. By combining this bullish corporate news with the broader macro backdrop—where a weak Japanese yen and escalating Middle East shipping risks are disrupting traditional global supply chains—we see a clear thesis. Space and satellite infrastructure offers a defensive, domestic growth alternative that bypasses terrestrial geopolitical bottlenecks. As instability rises, capital rotates into future-proof defense and communication plays, making the newly merged entity highly attractive.
Strategy approach
Construct a momentum strategy that enters long RKLB on the D1 chart when the closing price breaks above the 20-day high and the 14-day RSI is between 50 and 70. Hold for a maximum of 21 days. Exit immediately if the price closes below the 10-day simple moving average or if a 12% profit target is reached.