Astra Space Inc (ASTR): Headed For Dis-Astra – Kerrisdale
Kerrisdale Capital is short shares of Astra Space Inc (NASDAQ:ASTR). Q3 2021 hedge fund letters, conferences and more Astra Space Inc (ASTR): Headed For Dis-AstraWe are short shares of Astra Space, a $2.0bn space launch company formed at the peak of the 2021 SPAC bubble – with no revenue, no track record of reliability, and no established market for its undersized vehicle. A story stock that’s yet another example of the questionable businesses going public via SPACs, Astra faces massive obstacles in its quest to develop a viable business model. Astra is poorly positioned within an overcrowded ...