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Return of the (space) SPAC

Written by  Jason Rainbow Wednesday, 04 March 2026 15:00

Former investment banker Raphael Roettgen had to abandon a space-focused special purpose acquisition company in 2022 as hype around mergers with blank-check shell companies turned radioactive.

Four years later, he’s back after helping raise more than $200 million to take a private space company public. SPACs raise cash on the stock market and then use […]

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