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Keval Desai

Coverage of Keval Desai in the Nexus archive.

Earliest in view: Aug 2 · 10:00 UTCMost recent: Aug 2 · 10:00 UTC

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BUSINESSAug 2 · 10:00 UTCFORTUNE
SpaceX’s record IPO is helping spur a new wave of startups aiming for orbit and opening a vast new market beyond Earth
SpaceX’s $85.7 billion IPO has accelerated investment in the space industry, with global funding for space startups reaching $7.95 billion in Q1, double the previous quarter. The IPO is spurring a surge in space-related startups, including companies developing expandable solar panels for space and lunar hotels, as investors like Shakti VC increase their space technology portfolios.