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Richard Branson targets new space SPAC to take Virgin Orbit public Christopher Jasper and Justin Bachman, Bloomberg News Notable Calls: Facebook, DraftKings and Virgin Galactic VIDEO SIGN OUT Richard Branson is looking for a special-purpose acquisition company to merge with another of his space companies, according to a person familiar with the matter. The billionaire’s satellite launcher, Virgin Orbit, has hired bankers including Credit Suisse Group AG to scout for a SPAC to take the company public with a valuation of as much as US$3 billion, said the person, who asked not to b...

'It's an exciting time': Rocket Lab to go public, list on the NASDAQ Rocket Lab founder Peter Beck. (Photo / Supplied) 'It's an exciting time': Rocket Lab to go public, list on the NASDAQ Wed, 3 Mar 2021, 6:53PM Space flight firm Rocket Lab is on the verge of listing on the NASDAQ in a deal that values the New Zealand-US startup at $5.7 billion. The Wall Street Journal reported talks between the company and Vector Acquisitions Corp were nearing completion and could be finalised with 24 hours, and was expected to see Rocket Lab raise another $650 million in cash from other ...

Space startup Rocket Lab is taking on Elon Musk's SpaceX with a huge new reusable rocket called Neutron that could be used to transport humans to space. The California and New Zealand based firm has merged with a special-purpose acquisition company to go public, valuing the joint venture at $4.1 billion. Rocket Lab will use its new position and a $740 million cash balance to develop the new 8-Ton Neutron rocket that can launch mega-constellations of satellites. The Neutron rocket will be 40 metres tall, have a reusable first stage and capable of taking up to 8,000 kg of material to orbit on e...

Rocket Lab tipped for $6b moonshot on to Nasdaq 1 Mar, 2021 04:36 AM 2 minutes to read Rocket Lab is on the verge of listing on the NASDAQ. Photo / Trevor Mahlmann Space flight firm Rocket Lab is on the verge of listing on the NASDAQ in a deal that values the New Zealand-US startup at $5.7 billion. The Wall Street Journal reported today talks between the company and Vector Acquisitions Corp were nearing completion and could be finalised with 24 hours, and was expected to see Rocket Lab raise another $650 million in cash from other private investors. Vector is a special-purpose acquisition com...

Rocket Lab USA is nearing a deal to go public through a merger with a special-purpose acquisition company that would value the firm at $US4.1 billion ($NZ5.6bn), including debt, the Wall Street Journal reported.