SPACs
Intuitive Machines to go public in SPAC merger
Intuitive Machines, a company developing lunar landers and related capabilities for NASA and other customers, will go public through a merger with a special purpose acquisition company (SPAC), it announced Sept. 16.
Investors take long-term view of space industry amid near-term challenges
Despite near-term headwinds in the economy and the markets, executives and investors remain bullish about the space industry’s long-term prospects.
New SEC rules could dampen SPAC activity
Proposed Securities and Exchange Commission rules that would reduce the difference between special purpose acquisition company mergers and traditional initial public offerings could have a significant impact on space sector financing.
Declining value of space SPACs could trigger mergers and acquisitions
Space companies that went public in the last year only to see their valuation drop precipitously may soon become targets of acquisitions.
