SpaceFund, Slingshot Aerospace, Rocket Lab: Industry needs scale, startups need exits. But not just any exit

by Peter B. de Selding

PARIS — Venture capital investor SpaceFund and space industry service providers Slingshot Aerospace and Rocket Lab said the space industry needs more mergers and acquisitions to help good ideas take root and encourage early-stage investors.

Not everyone can exit to a stock-market introduction despite its obvious appeal, and early results from some of the SPAC-enabled IPOs make that case.

“We have seen the SPAC craze of the past year, and with one exception [Rocket Lab], I don’t believe many of . . .

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