SPAC

Frequently asked about SPAC

What does SPAC mean in the space industry?

Special Purpose Acquisition Company: A shell company that raises funds through IPO to acquire a private company, taking it public. Many space companies including Virgin Galactic, Rocket Lab, and Planet went public via SPAC.

What does SPAC stand for?

SPAC stands for Special Purpose Acquisition Company.

What category of space terminology does SPAC belong to?

SPAC is part of the Business & Industry category in space industry terminology.