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Momentus

SpaceUSA
πŸ’€ Dead / Bankrupt
PeakΒ $1.2 BillionToday
~-96%
from peak
  1. πŸ¦„
    Became a unicorn
    2021
  2. πŸ“ˆ
    Peak valuation
    $1.2 Billion ’21
  3. πŸ’”
    Became a Unitard
    2021
  4. πŸ’Έ
    Last valuation
    ~$0
Current status
Sub-$0.05B micro-cap

How it happened

Momentus was a U.S. space infrastructure company offering in-space transportation that went public via SPAC in 2021 at about a $1.2B valuation. National-security scrutiny, leadership changes, and operational setbacks gutted its market value, leaving it a sub-$50M micro-cap, down roughly 96% from peak.

Source: De-SPAC 2021; near-zero