SRAC
SRAC is spac slated to merge with Momentus in the next few months. Momentus offers last last mile satellite and cargo delivery services. Practically, they offer tugboat / delivery van services in orbit around earth. I've heard offhand that SPACEX may have some association with this company but this will require some research. I cashed in my shares of the sucky UFO space ipo to get into this high risk, high reward company:
momentus.space/company
momentus.space/company
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SPAC Central
Created By: | Maverick |
Created: | Jun 21, 2020 |
Total Followers: | 7 |
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SPACs ("Special Purpose Acquisition Companies") are blank check companies that have cash in them and are seeing a target to acquire. These can be fun because it's a 🕵️♀️ game of who they're going to acquire. It can be profitable if the target company ends up being something in a hot space.
Make sure to do your DD on management behind the SPAC, cash position, and target sector.
Make sure to do your DD on management behind the SPAC, cash position, and target sector.