Astra Is Latest Rocket Company to Go Public

Video News
Feb.25 — The return of the space race has more companies and investors looking for ways to get into the industry. Astra is the first rocket company since 1990 to announce it will go public, and the latest space SPAC since Virgin Galactic in 2019. The California garage startup, which now occupies a quarter-of-a-million square foot facility in Alameda, is valued at $2 Billion. The company provides rocket launches for $3 Million each, significantly less than that of SpaceX and Rocket Lab. Bloomberg’s Emily Chang reports.

Articles You May Like

Tesla Trial: Elon Musk Defends His $55 Billion Pay Deal
Twitter Layoffs: Firms Appeal to Disdain of Elon Musk’s Management to Woo Ex-Twitter Staff
Donald Trump Snubs Twitter After Elon Musk Reactivates Former US President’s Account
Samsung Black Friday Sale Begins November 24, Discounts on Galaxy S22, Galaxy Z Fold 4, Galaxy Z Flip, More
Elon Musk Accused of Undermining Twitter’s Integrity, Safety by US Senators, Could Face FTC Probe