Iridiums shares closed down more than 7% Oct. 23 after the satellite operator lowered its full-year service revenue outlook again, while withdrawing its $1 billion target for 2030 amid mounting competition from SpaceX. The post Iridium pulls $1 billion 2030 service revenue goal amid SpaceXs D2D push appeared first on SpaceNews.
Iridium pulls $1 billion 2030 service revenue goal amid SpaceXs D2D push
Space News - 24 Oct 2025 02:25
Iridiums shares closed down more than 7% Oct. 23 after the satellite operator lowered its full-year service revenue outlook again, while withdrawing its $1 billion target for 2030 amid mounting competition from SpaceX. The post Iridium pulls $1 billion 2030 service revenue goal amid SpaceXs D2D push appeared first on SpaceNews.
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