Astra is the space industry’s first SPAC bust of 2024

TechCrunch
By Aria AlamalhodaeiMar 7, 2024, 4:04 pm266 pts
Astra Space, the launch company that went public in 2021 at a $2.1 billion valuation, is going private again after months of burning cash and failing to secure alternate investment. The company announced Thursday that its board had accepted an offer from its CEO, Chris Kemp, and its CTO, Adam London, to…

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