Why Space SPACs Are Coming Down To Earth

spacecraft lifts off

Bloomberg estimates that at least 21 SPAC companies went bankrupt in 2023.

Credit: Lockheed Martin
A month after receiving a delisting notice from the Nasdaq Stock Market, space transportation startup Momentus faces an uphill battle to stay on the largest U.S. equities exchange by volume. On Sept. 26, Momentus received a delisting notice from Nasdaq because its stock did not comply with the...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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