@laimis It's good to see one of my launcher bets paying off.* :-)

I invested in Astra and Virgin Orbit and both of those have been pretty much complete losses, though Astra protests otherwise and that they'll get that share price back up with the un-flown Rocket 4.

* Since I got in early in the SPAC days, I'm still underwater on RKLB, but that's not a problem, as I have full faith in the company and expect it to surge once the market calms down a bit.

#RKLB #ASTR #VORB #NewSpace

Look like today's the day where I get to watch a stock (VORB) go to zero after Virgin Orbit's announcement that it's winding down.

#VirginOrbit #VORB #NewSpace #SPACs

Space is hard. The small launch market, especially so.

#VirginOrbit #VORB #NewSpace

https://techcrunch.com/2023/03/30/virgin-orbit-burns-up-in-uncontrolled-descent/

Honestly surprised that #VORB got to this point sooner than #ASTR. It looks like that botched UK launch might have been the final nail in the coffin.

Fortunately, I only had a token position in this company (enough to keep me interested enough to keep paying attention), so it's nowhere the money loser for me that Astra has been.

https://www.cnbc.com/2023/03/15/virgin-orbit-pauses-operations-furloughs-staff.html

#vorb #newspace #spaceeconomy