Stories tagged “Space Tech.”
7 stories
38 new unicorns join Crunchbase Unicorn Board in September, with semiconductors, fintech, and space tech companies leading the way.
Crunchbase News analyzed roughly 800 global seed financings in the $5M–$10M range this year and identified four standout sectors: proptech, cancer therapeutics, space tech, and robotics.
Cosmoserve, a spacetech startup, reported a partial success for its maiden Mission Embrace, saying its soft robotic capture system generated valuable in-orbit test data despite its robotic petals failing to deploy as intended aboard Skyroot’s Vikram-1 launch vehicle.
China successfully recovered its Long March 10B rocket booster for the first time, marking a breakthrough in reusable rocket technology.
SpaceX stock has fallen 23% from its peak after its historic IPO, but new contracts have improved its financial outlook. The company's valuation remains high, at 44 times forward sales.
SpaceX's stock is considered too expensive, with a price-to-sales ratio of 130.2, making it susceptible to a sudden pullback. The company's valuation is high, and it's unprofitable, having lost $4.94 billion in 2025.
SpaceX is going public with an initial public offering (IPO) that could raise $75 billion, making it the largest IPO of all time. The company's valuation could reach $1 trillion.