Astra Space Makes It to Orbit Faster Than SpaceX: What Investors Should Know

Astra Space Makes It to Orbit Faster Than SpaceX: What Investors Should Know
Brady Kenniston/Astra Space via Benzinga
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A space company that went public via SPAC merger completed a successful commercial orbital launch Friday, which has shares moving higher Monday morning.

What Happened

Astra Space completed its first commercial orbital launch Friday, a mission for the U.S. Space Force.

“Reaching orbit is a historic milestone for Astra,” Astra CEO and Founder Chris Kemp said. “We can now focus on delivering for our customers and scaling up rocket production and launch cadence.”