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Rocket Lab reveals giant, crew-capable Neutron that will be funded by its $6b Nasdaq listing

Peter Beck's company goes head-to-head with Elon Musk's Space X. ....

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Watch: Rocket Lab reveals giant, crew-capable Neutron that will be funded by its $6b Nasdaq listing

Watch: Rocket Lab reveals giant, crew-capable Neutron that will be funded by its $6b Nasdaq listing
nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.

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Rocket Lab confirms US$4.1b Nasdaq listing, larger rocket for human spaceflight

Rocket Lab confirms US$4.1b Nasdaq listing, larger rocket for human spaceflight
1 Mar, 2021 06:18 PM
6 minutes to read
Kiwi-American company Rocket Lab, founded by Aucklander Peter Beck, has confirmed plans for a US stock exchange listing at a market cap of US$4.1 billion ($5.7b) during the second quarter.
US$470m will be raised from new investors with the listing, via a special purpose acquisition company (SPAC or shell company) called Vector, backed by Vector Capital.
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The listed company any will have a cash balance of US$750m, Rocket Lab said in a statement.
Rocket Lab has made its name internationally by launching some 97 micro-satellites into space over 18 launches from Mahia over the past three years on its 18m tall Electron rocket, which has a payload capacity of around 300kg. ....

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