What You Need to Know About the Next Big Space IPO
Valued at barely $10 a share, and less than $450 million in total market capitalization, special purpose acquisition company (SPAC) dMY Technology Group (NYSE: DMYQ) doesn't get a lot of attention on Wall Street.
And it might not even deserve much attention, except for one thing: Sometime within the next two months, dMY Technology Group will bring the biggest constellation of Earth observation satellites ever created public in a deal valued at $2.8 billion.
That's right, dMY is going to IPO Planet.
Source Fool.com