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Why is this company public? What commercial value is a moon lander payload hoping to provide to a public share owner? I'm not saying the company shouldn't exis
by Ancalagon 3y ago
Why is this company public? What commercial value is a moon lander payload hoping to provide to a public share owner?
I'm not saying the company shouldn't exist or diminish their outstanding achievement, I just don't get the business reason here. If they needed funding I'd assumed the US gov't or VC would be better investors.
- karmakurtisaani 3y agoMaybe they aim to eventually sell their equipment and know-how to NASA and others interested in space exploration. It could be a big business if there ever is something like a moon base, but it's definitely a risky bet.
- philipwhiuk 3y agoThe assumption is that other companies and governments apart from NASA will want to buy their services. The reason they aren't VC is frankly because they needed more money than was available in VC markets. They went public via a SPAC.