Missed Nvidia in 2009? This Rare Signal Is Flashing Again.\u00a0In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia.\u00a0For the first time in years, that same “Total Conviction” signal is flashing for a company 1\/100th the size of Nvidia.\u00a0Continue \u00bb<\/a> <\/p>\n Last month, Rocket Lab announced plans to acquire Iridium Communications in a cash-and-stock transaction worth $8 billion, calling it a “historical deal” for its business. The move will make the company vertically integrated, combining the launch capabilities of Rocket Lab, which is also involved in satellite manufacturing, with the satellite communications network that Iridium possesses. Together, Rocket Lab says it will be a “space powerhouse primed for growth.” The deal is expected to close in the middle of next year. <\/p>\n The strategy is similar to SpaceX’s and could result in greater competition for Starlink, which is the company’s big moneymaker thus far. And it’s not only Rocket Lab that Starlink has to potentially worry about, as there are other companies showing interest in this space as well; tech giant Amazon is also launching Leo in the near future, which is its own satellite internet provider. <\/p>\n Is SpaceX stock in trouble? <\/p>\n SpaceX’s connectivity segment may not attract as much investor interest as artificial intelligence (AI) or space, but that’s the driving force behind the company’s business these days. During the first three months of the year, the connectivity segment accounted for nearly 70% of the top line, which totaled $4.7 billion. It was also the only segment that wasn’t in the red, with an operating profit of just under $1.2 billion. <\/p>\n An influx of competition could pose greater risks for SpaceX down the road, as it could slow Starlink’s growth. If that happens, SpaceX, which is already unprofitable and burning through billions in cash, may require even greater cash infusions to continue investing in its AI and space objectives. <\/p>\n SpaceX is already a risky stock given its inflated valuation, and with more competitors potentially challenging Starlink in the future, it may have even more to prove. Investors are clearly having second thoughts about the space stock<\/a> as it’s now trading around the levels it was at when it first went public, and it may be due for an even greater decline in the future. This is a stock I’d tread carefully with. <\/p>\n Should you buy stock in Space Exploration Technologies right now? <\/p>\n Before you buy stock in\u00a0Space Exploration Technologies, consider this: <\/p>\n The Motley Fool\u00a0Stock Advisor\u00a0analyst team just identified what they believe are the\u00a010 best stocks<\/a>\u00a0for investors to buy now\u2026 and\u00a0Space Exploration Technologies\u00a0wasn’t one of them.\u00a0The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years. <\/p>\n Consider when\u00a0Netflix\u00a0made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation,\u00a0you’d have $409,970!*\u00a0Or\u00a0when\u00a0Nvidia\u00a0made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation,\u00a0you’d have $1,200,223!* <\/p>\n That performance is why people listen. With a track record of\u00a0beating the S&P 500 by 4x,\u00a0Stock Advisor\u00a0offers a distinct advantage. Don’t miss the latest top 10 list, available with\u00a0Stock Advisor, and join an investing community built for the long haul. <\/p>\n See the 10 stocks \u00bb<\/a> <\/p>\n *Stock Advisor returns as of July 7, 2026. <\/p>\n David Jagielski, CPA<\/a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon and Rocket Lab. The Motley Fool has a disclosure policy<\/a>. <\/p>\n<\/a> Image source: Getty Images. Rocket Lab to buy Iridium Communications <\/p>\n