Japanese space debris removal startup Astroscale's shares surge 51% in Tokyo debut, reaching a market cap of $1.1B.
Japanese space debris removal startup Astroscale Holdings saw its shares surge 51% in its Tokyo market debut, trading at ¥1,281 per share compared to an initial public offering price of ¥850. The company aims to increase investment in technology to remove space debris as demand grows in the commercial space industry. Astroscale's market capitalization reached ¥170 billion ($1.1 billion) after its shares surged.
June 05, 2024
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