Chris Lewicki Profile picture
Space Industrialist, entrepreneur, engineer and “near-futurist” focused on the economic development of space. Motto: Stop reading about it and start doing it!
Dec 14, 2021 6 tweets 2 min read
A blunt take on space-related SPAC-funded companies, by Adam Spice, CFO @RocketLab

"I think this party is going to end very badly for a number of companies."

"A lot of companies are going to be trading for under cash value."

At 15:36 - "Speaker 4":
otter.ai/u/2IaXVJIpBVMQ… Adam Spice, CFO @RocketLab continues:

"It just doesn't strike me as common-sensical, where companies that struggled so hard, and in some cases, were on the brink of going under, now all of a sudden had access to hundreds of millions of dollars and billion dollar valuations."
Dec 2, 2021 27 tweets 8 min read
Space Crowdfunding takes off?

I saw the headline in my daily email from @SpaceNews_Inc I added the "?"

Personally, I think crowdfunding currently is a terrible way to raise money for your space startup, and at best, and it's an option of last resort.

🧵 begin(rant) Here's why. First, the space crowdfunding (partial) list via @spacereportr from @SpaceNews_Inc

2012 / $106K NanoSatisfi
2020 /$1350K @SolstarOFFICIAL
2021 / $618K @OACspace
2021 / $231K Launchspace Technologies
2021 / $129K @aphelionaerosp
2021 / $142K @EX0space
Jul 20, 2021 10 tweets 2 min read
Re: #TaxTheRich, what happens if an executive and large shareholder of a publicly traded company sells stock in order to invest in another company? Capital gains tax is paid, yes? Also a portion to payroll taxes for the company/employees. Know a good writeup? Asking for a friend. There's the concept of a Luxury tax, but then also there's this: americanexperiment.org/congress-passe…