/sci/ - Science & Math

>Astra's shares are down from 2.21$/share to 1.95$/share since the reverse stock split on September 14th
>If shares go under 1$ at close anytime before September 28th, they will be delisted from NASDAQ, basically forcing them into bankruptcy

If it happens, we will definitely be in the best timeline, can't wait to see Kemp's smug face.

Also, reminder that Astra will launch 165 times next year and outperform SpaceX.

>>15425029
It's the same situation for all other space start-ups (Planet Labs, Black Sky, Redwire, Spire, etc). Basically, they were all overvalued for the SPAC deal and now their price has corrected to their real present value.

If the space market increases in value as fast as was predicted, their share price will increase again the coming years.

Or they might fail due to lack of capital and relatively high interest rates (less of an issue for Rocket Lab, they have a couple years of expenses in the bank).

>>15313686
>100M$ in cash on December 31 2022
>-50M$ free cash flow per quarter
>6 months of cash before going bankrupt, only 3 left today
CUT MY LIFE INTO PIECES

>>15287666
According to their IPO presentation, they should be launching one rocket per week this year, be profitable next year and launch once per day in 2025.