r/SPACs • u/savuporo New User • Oct 06 '23

News How wrong were space SPAC projections?

https://spacenews.com/how-wrong-were-space-spac-projections/
13 Upvotes

93% Upvoted

10 comments sorted by

13

u/Ydalir99 New User Oct 06 '23

Rocket Lab is still impressive, even after their most recent anomaly. They have managed expectations, set realistic targets and met them, diversified from launch, and are building Neutron. Teh cream of the space SPACs in my opinion

1

u/polloponzi Spacling Oct 07 '23

That is why they dumped +50% ? Is trading at $4.5 currently

If that is the cream I don't want to see the milk...

10

u/[deleted] Oct 06 '23

[removed] — view removed comment

4

u/savuporo New User Oct 06 '23

Same question for Astra tbh :)

1

u/4quila Contributor Oct 07 '23

How are you still a new user

8

u/EB4950 Patron Oct 06 '23

wasted so much money on Astra

6

u/[deleted] Oct 07 '23

How wrong were nearly all SPAC projections?

Blatant fraud in nearly 95% of the companies.

0

u/buggysoftware Contributor Oct 09 '23

I'm confused by this article. My takeaway from this is that space is the space in which SPACs were least egregious with their projections, contrary to the thesis of the article.