Astra is the space industry’s first SPAC bust of 2024

Astra Space, the launch company that went public in 2021 at a $2.1 billion valuation, is going private again after months of burning cash and failing to secure alternate investment. The company announced Thursday that its board had accepted an offer from its CEO, Chris Kemp, and its CTO, Adam London, to purchase the remaining […] © 2024 TechCrunch. All rights reserved. For personal use only....