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Iridium pulls $1 billion 2030 service revenue goal amid SpaceX’s D2D push

Iridium pulls $1 billion 2030 service revenue goal amid SpaceX’s D2D push

Iridium’s 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 SpaceX’s D2D push appeared first on SpaceNews.

Published by SpaceNews on 10/24/2025

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