NASA is tired of waiting for Dream Chaser to get off the ground, and Sierra's IPO window is closing fast.

"Sierra Space Corporation."

It's been a couple of years since I last had an opportunity to write about this space stock. Back in 2023 , the privately held company raised $290 million in new funds to complete development of its Dream Chaser spacecraft -- and surged ahead to a $5 billion private market valuation, making Sierra Space 5X a unicorn stock .

And at long last, Sierra Space is back in the news this week. But not in a good way.

Playing ketchup in space

Remember the old Heinz ketchup commercial, the one singing "an-ti-ci-pation, an-tic-i-pay-yay-shun," as the kid waited for his ketchup to pour out of the bottle.

For space investors , that's what it's felt like wai

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