Spire Global
SpaceUSA
New to Unitard
📉 Public < $1B
Peak $1.6 BillionToday
−71%
from peak
- 🦄Became a unicornAug 2021
- 📈Peak valuation$1.6 Billion ’21
- 💔Became a Unitard2022
- 💸Last valuation~$468M
Current status
Public (SPIR)
Live · SPIR· NYSE
as of 2026-09-21
$11.96▲ 5.47% today
≈ $468 Million market cap · −70.8% from peak
The rise & fall
5 moments · 2012–2024The key moments, with employee sentiment along the way.
2012
2012
Founded as NanoSatisfi
Peter Platzer's nanosatellite startup grows into Spire, listening to Earth's weather, ships and planes from orbit.
Wikipedia
Aug 2021
Aug 2021
The peak: a $1.6B SPAC debut$1.6B
Merges with NavSight Holdings and lists on the NYSE — unicorn status and a public listing in one stroke.
TechCrunch
2022
2022
Space SPACs fall to Earth
Cash concerns and a sector-wide slump drag the stock down.
Macrotrends
2022
2022
Slips out of the club
Market cap sinks below $1B; by 2026 it hovers near $0.3B, about 81% off the peak.
Macrotrends
2022–24
From the inside · Glassdoor reviews, 2022–24
Engineers on Glassdoor praised the satellites but not the paycheck: reviewers said equity-heavy pay packages lost much of their value as the shares fell, and a return-to-office mandate — which employees said leadership tied to weak results — strained morale.
Today
Today
Still in the club — and still trading
Live · SPIR · NYSEas of 2026-09-21
$11.96▲ 5.47% today≈ $468M cap · −70.8% from peak
💬 entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗; dated facts carry their source.
How it happened
Spire Global operates a constellation of small satellites collecting weather, maritime and aviation data. It went public via SPAC in August 2021 at roughly a $1.6B valuation. Post-SPAC, its stock declined heavily amid cash concerns and the space-sector slump, dropping its market cap below $1B and to ~$0.3B by 2026, a ~81% decline from peak.
Source: CMC/Macrotrends Feb 2026
Founders
Current roles as self-reported on LinkedIn, retrieved 2026-08-21. See our methodology.
