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Rocket Lab Sold $1.9 Billion of New Stock to Pay for Iridium. Here's the Dilution Math.

The space company sold about 5% of itself so it wouldn't have to borrow $3.6 billion. And the share count still isn't done growing.

We haven't written up this one. Motley Fool has the full story — the link below goes straight to it.

Also reported by 1 other outlet

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PhonePe moves closer to UAE launch after Central Bank approval

Dubai: PhonePe has moved a step closer to launching payment services in the UAE after securing in-principle approval from the Central Bank of the UAE for two licences, marking the Indian company’s first international regulatory footprint. The approvals cover Retail Payment Services and Card Schemes and Stored Value Facilities, and…

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