Selling beach access in a rainstorm: Euronext wants to ride Europe’s New Space enthusiasm

by Peter B. de Selding

PARIS — The wave of stock-market introductions of startup U.S. space companies, many through SPAC transactions and some not yet generating revenue, at this point looks like a multi-vehicle highway pile up.

But in Europe, the enthusiasm for New Space companies appears only now to be hitting high gear. The question is whether the usually more-cautious European investors will carry the excitement to the public markets.

The Euronext exchange certainly hopes so.

“My advice: Even if your company is still . . .

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