Boeing Starliner Losses Top $2B—And Counting
Years of technological and operational challenges have increased costs to develop Starliner, with Boeing reporting losses almost every year since it began developing the spacecraft in 2014.
Equities
Stories about space companies’ finances, including earnings reports and M&A news.
AST SpaceMobile Announces $400M Convertible Notes Raise
AST SpaceMobile is raising $400M through convertible notes to continue building out its BlueBird constellation, the company announced on Wednesday.
Spaceium Closes $6.3M Seed Round
Spaceium, an in-orbit refueling service, raised a $6.3M seed round led by Initialized Capital with participation from 15 additional VC firms and angel investors. The Y-Combinator-backed startup plans to use the funding to demonstrate its refueling technology in orbit and expand its team. “Fuel for spacecraft is a massive bottleneck in the industry,” Spaceium CEO […]
Synspective Goes Public on Tokyo Stock Exchange
The SAR data collector has plans for a thirty satellite constellation.
Space Markets: The Year in Review
Space markets surged this year, fueled by robust VC investments in private markets and back-in-vogue space SPACs in the public markets. The good year for space investments is part of a broader bull market, where the prospects of a soft landing have sent speculative stocks soaring.
Tracking Cash Flow Through the 2024 Space Stocks Rally
Hockeystick SPAC charts. Wallstreetbets Reddit page buzz. Short squeezes. Everything to the Moon euphoria.
Rocket Lab Does the Daily Double
The company has now flown 14 Electron missions this year.
Rocket Lab Signs First Neutron Customer
The rocket is expected to complete a test launch in 2025, and fly three commercial launches in 2026.
Rocket Lab Smashes Revenue Record, Paving the Path to Break Even
The company posted it’s highest ever quarterly revenue, and announced the successful hot fire test of its Archimedes engine, which opens the door for Rocket Lab’s first medium-life launch vehicle, Neutron.
AST SpaceMobile Stock Surges, Hits $5.6B Market Cap
Direct-to-cell provider AST SpaceMobile jumped another 18% yesterday, bringing its year-to-date market gains to a staggering 326%.