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Podcast: Valley of Depth
Episode: Back from the Dead, with Chris Kemp (CEO of Astra)
Description: Chris Kemp took Astra public in 2021 with a bold vision: low-cost rockets launching daily, bringing sovereign space access to every country on Earth. At its peak, the company was worth over $2 billion. Within two years, that valuation collapsed by 99%. In this episode of Valley of Depth, we go inside one of the most dramatic flameouts and attempted comebacks in the commercial space era. We discuss:Why Astra’s SPAC-era promises didn’t survive contact with realityWhat really went wrong with Rocket 3 and how much of that falls on KempThe decision to take the company priva...