This Small-Cap Space Stock Could Be a Long-Term Moonshot

Spire Global (NYSE: SPIR), a satellite-based data and analytics company, went public through a merger with a special purpose acquisition company (SPAC) five years ago. Its stock opened at a reverse-split-adjusted price of $83.36 on the first day, but now trades at about $13 per share.Image source: Getty Images.Like many other SPAC-backed space companies, Spire overpromised and underdelivered. But its business -- which collects data across its own proprietary constellation of nanosatellites and sells that information through space-as-a-service subscriptions -- is still growing. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool