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Aerospace start-ups and the Spac bet

Big companies lost even 40% after the merger in the last months

Today's aerospace start-ups need to be on their toes because succeeding in this industry becomes increasingly difficult. For this reason many young companies rely on acquisition companies (Spac) that promise cosmic returns in the stock market. For example in the last three months a large company like Virgin Galactic lost 46% in the stock market after some Spac mergers of new creatures of founder Richard...

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AVIONEWS - World Aeronautical Press Agency