Spaceflight 🚀<p>📆 2021, <a href="https://spacey.space/tags/AstraSpace" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AstraSpace</span></a> went public at a "pro-forma enterprise value of approximately $2.1 billion" 💰.The company's stock even traded above 📈 this valuation. But then, rockets started failing 💥. Only two of the seven launches of the company's "Rocket 3" vehicle were successful. <br>It faces stiff competition from <a href="https://spacey.space/tags/RocketLab" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RocketLab</span></a>, <a href="https://spacey.space/tags/Firefly" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Firefly</span></a>, <a href="https://spacey.space/tags/ABLSpace" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ABLSpace</span></a> and <a href="https://spacey.space/tags/StokeSpace" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>StokeSpace</span></a>. Additionally, all of these small launch companies have been undercut in price 〽️ by <a href="https://spacey.space/tags/SpaceX" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SpaceX</span></a> <a href="https://arstechnica.com/space/2024/03/after-astra-loses-99-percent-of-its-value-founders-take-rocket-firm-private/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">arstechnica.com/space/2024/03/</span><span class="invisible">after-astra-loses-99-percent-of-its-value-founders-take-rocket-firm-private/</span></a></p><p><a href="https://spacey.space/tags/SpaceCompany" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SpaceCompany</span></a></p>