$Holicity Inc(ASTR)$-20% prema

2021-08-30

$Holicity Inc(ASTR)$-20% premarket after unsuccessful launch. Rocket took off sideways. Will Astra be given time to be successful? SpaceX had years to perfect it as they were the first. Many companies including $Rocket Lab USA, Inc.(RKLB)$have also had many successful lanuches. Race to space is intense and competitive and Astra is not yet in the game. IPO too soon before they have a successful launch is looking to be a real risk for shareholders.

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