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Axiom Space’s Financial Crisis: Challenges for the Commercial Space Unicorn

Summary by New Space Economy
Axiom Space, co-founded by billionaire Kam Ghaffarian, was launched with a bold vision to build private space stations and usher in an era of human activities in low-Earth orbit. Forbes reports that the company has faced a series of significant challenges over the years, from financial difficulties to delays in its ambitious space station project. With a target audience consisting of space tourists and corporations interested in the benefits of …

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