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Iridium Closes $367M Aireon Acquisition
Iridium Communicationsannounced on July 6, 2026 that it had completed its acquisition of the remaining 61% of Aireon LLC it did not already own, paying $367 million to air navigation service providers. Aireon, which has provided space-based ADS-B ...View Commentary -
SpaceX Acquires xAI in Historic $1.25 Trillion Merger
SpaceX has officially acquired xAI in a deal that values the combined entity at approximately $1.25 trillion, solidifying its status as the world’s most valuable private company. Under the terms, xAI shareholders will receive 0.1433 SpaceX shares ...View Commentary