Rocket Lab becomes third rocket company to go public
Capitalism in space: On August 25, 2021 Rocket Lab became the third rocket company to go public, following Virgin Galactic and Astra to sign a merger deal with a special-purpose acquisition company (SPAC).
Nasdaq celebrated the milestone, inviting Rocket Lab founder and CEO Peter Beck to ring the market’s opening bell Wednesday morning.
The SPAC merger, with a San Francisco-based company called Vector Acquisition Corporation, provides Rocket Lab with about $777 million. The funds will aid the development of multiple projects, including Rocket Lab’s big, next-generation Neutron rocket, company representatives said.
Nor is this all. Virgin Orbit has also signed a similar deal this wee, and will begin trading stock soon.
All these deals indicate that the investment community is very confident in making big profits in space, and is now willing to commit a lot of cash to that prospect.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Capitalism in space: On August 25, 2021 Rocket Lab became the third rocket company to go public, following Virgin Galactic and Astra to sign a merger deal with a special-purpose acquisition company (SPAC).
Nasdaq celebrated the milestone, inviting Rocket Lab founder and CEO Peter Beck to ring the market’s opening bell Wednesday morning.
The SPAC merger, with a San Francisco-based company called Vector Acquisition Corporation, provides Rocket Lab with about $777 million. The funds will aid the development of multiple projects, including Rocket Lab’s big, next-generation Neutron rocket, company representatives said.
Nor is this all. Virgin Orbit has also signed a similar deal this wee, and will begin trading stock soon.
All these deals indicate that the investment community is very confident in making big profits in space, and is now willing to commit a lot of cash to that prospect.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
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