Spacecraft Developer Quantum Space to Go Public Through Merger With Inflection Point Acquisition in $1.2 Billion Deal

Space infrastructure company Quantum Space said on Monday it would go ​public through a merger with special ‌purpose acquisition company Inflection Point Acquisition (IPFX.O), in a deal that values the combined company at ​about $1.2 billion.

The deal comes as ​investor interest in the space sector ⁠has surged ahead of a long-awaited ​SpaceX initial public offering, expected to fetch ​a valuation of about $1.75 trillion.

Read more at Reuters