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Space SPACs Face $200 Million Milestone With SpaceX Casting a Shadow

New York, June 8, 2026, 04:17 (EDT) FutureCorp Space Acquisition 1, the blank-check outfit with leadership linked to Surf Air Mobility, SpaceX, xAI, Palantir, and the NYSE, has launched a $200 million U.S. IPO targeting a deal in the space sector. The SPAC sold 20 million units at $10 apiece and started trading on the NYSE under FTRAU on June 5. Closing is expected Monday, according to the company. (GlobeNewswire) The deal comes as bigger, space and defense-related offerings crowd investors’ calendars. SpaceX is lining up an IPO that, according to Reuters, could raise $75 billion and put Elon Musk’s

The post Space SPACs Face $200 Million Milestone With SpaceX Casting a Shadow appeared first on Next Wave Wire.

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