irocketITSpacespecial-purpose acquisition company A troubled SPAC plans to buy iRocket for $400M but it already returned most of its cash adminJuly 24, 2025 iRocket is aiming to hit the public markets but the SPAC vehicle doesn’t have much cash left. Related posts: Firefly Aerospace files for an IPO Hadrian raises $260M to build out automated factories for space and defense parts Rocket Lab’s first hurdle to flying its new rocket is getting it to the pad Space Force bets on commercial entrants in $4B satcom contest