Launch and spacecraft company that flies the small Electron rocket, builds satellites and satellite parts, is developing the larger reusable Neutron rocket, and agreed in 2026 to buy satellite operator Iridium.
Oct 2026 Moved the first Neutron launch from 2026 to 2027.6
Aug 2026 Reported record quarterly revenue of $234.1 million for Q2 2026 and a $2.36 billion backlog.7
Jun 2026 Agreed to buy satellite operator Iridium in a cash-and-stock deal valuing Iridium at about $8.0 billion; expected to close by mid-2027 pending approvals.8
Jun 2023 Bought Virgin Orbit's Long Beach factory lease and equipment out of bankruptcy for $16.1 million.9