3 Shifts Edition (Jul 3 2026): Rocket companies are going mobile, OpenAI’s chip tape-out in 9 months, Investing in back catalogs of books

Hi everyone – welcome to your 3 Shifts Edition [AI-generated audio version]. First, rocket companies are going mobile. Rocket Lab’s $8B deal for Iridium turns a launch company into a global satellite telecom operator, with spectrum, subscribers, government contracts, and real recurring revenue. This could be a “defining moment for the space industry” but not necessarily in the way that Rocket Lab…