Complete losses of some SPACs I own In 2020/2021 SPACs (Special Purpose Acquisition Companies) were all the rage. Some of these SPACs were formed by top hedge fund manager, billionaires, corporate CEOs like MGM CEO Harry Sloan and popular names like billionaires Reid Hoffman (Paypal/LinkedIn founder), Chamath Palihapitiya (Facebook now Meta) all created their own SPACs. The purpose of a SPAC is to raise capital through an initial public offering (IPO) to acquire or merge with an existing private company. Essentially, a SPAC is a vehicle for taking a private company public, often acting as a faster and potentially less expensive alternative to a traditional IPO. Rocket Labs was taken public from SPAC merger with Vector Acquisition Corporation on August 2021 For th
@GregoryRichardson:$Rocket Lab USA, Inc.(RKLB)$ Anyone catch Simply Wall St's report? They claim $Rocket Lab USA, Inc.(RKLB)$ is trading way below fair value at £70.07 based on cash flow projections. Now that's a proper moon ticket if accurate.
$Rocket Lab USA, Inc.(RKLB)$ since most of us can't invest in SpaceX, I believe this is the 2nd best alternative to get exposure in Space. The best time to buy AI stocks was 2 years ago. This best time to buy space stocks in now. NFA do your own DD.
$AST SpaceMobile, Inc.(ASTS)$ would you rather your phone connect directly to a satellite or use a dish like starlink? I choose my phone directly connects to a satellite in space.
$Rocket Lab USA, Inc.(RKLB)$two failed launches by $Holicity Inc(ASTR)$and Firefly (private company) has given rise to Rocket Lab. Space is not easy.. so far only SpaceX and Rocket Labs have been successful.