Public offerings take the stage as the space industry learns from the SPAC boom and bust

The space industry is preparing for an uptick in stock listings, even as the sour legacy of SPAC deals in the sector continues to leave a bad taste in public investors' mouths. SPACs, or special-purpose acquisition companies, gained popularity a few years ago as a shortcut for private companies to go public by merging with pre-funded, pre-listed shell corporations. While this once-booming trend offered a faster and less scrutinized path to the public markets, many space SPACs ultimately underperformed, weighed down by missed targets and overinflated projections. Now that SPACs have fallen out of favor, IPOs are taking center stage…