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by txcwpalpha 2883 days ago
Iridium "got new funding" in 2001 when it was bought by PE firms and restructured to generate piles of cash from selling satellite communications to the government, long before your claim of 2017. It had nothing to do with the Falcon 9 other than coincidence. Trying to claim otherwise is misleading.
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And what did they do for 15 years with that money? Made plans to replace their dying satellites and having every single plan refused to be funded because of the massive costs.

Suddenly SpaceX cuts launch costs by 4x and Iridium is able to get funded and launch again. Trying to claim coincidence is misleading.