Peter Beck Says $RKLB Could Rebuild Iridium's $3 Billion Constellation for $350 Million

Rocket Lab ($RKLB) CEO Peter Beck said the company could have built Iridium's roughly $3 billion satellite constellation for about $350 million in roughly 18 months.
"When cost is an order of magnitude less, you can take some risk," Beck said, adding that the cost gap makes an Iridium deal more interesting if Rocket Lab can rebuild the network far more cheaply.