The Record Is Explained

The city of Ledgerville! Space start-ups raised a record $20.8 billion in the third quarter, nearly triple the $7.4 billion of the quarter before. Mayor Pennywhistle: who is buying all that space? Baron Von Bottomline: I shall monetize residual enthusiasm into synergistic orbital capital! Dash: the investment firm Seraphim says real orders, not hype. Pop: a record 216 deals, up from 140. Zap: half was one deal, Blue Origin's ten billion; without it, $10.8 billion. And so, once again, the record is explained.

Space start-ups raised a record $20.8 billion in the third quarter, nearly triple the $7.4 billion of the second quarter, across a record 216 deals; almost half was Blue Origin's $10 billion financing, and even without it the $10.8 billion was a high, which the investment firm Seraphim says reflects commercial orders and government programmes rather than IPO enthusiasm.

Starring

🎙️The AnnouncerMayor PennywhistleBaron Von BottomlineDashPopZap