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CFCYYZ t1_jbr2031 wrote

Rocket Lab has $38M on deposit with SVB or 7.9% of their total cash on hand. That is not chump change, it is a launch. They should come out bruised but OK. It's the small fry that will be hit hardest. Good luck Out There!

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coweatyou t1_jbrlv0d wrote

They are lucky they already have 4+ years of runway, they can afford to loose access to a little more than 5 months of burn at this point (most of the depositors will get some to most of their money out via asset sales, it just might take time to set up the sales). It's going to be the little(er) guys who don't have that sort of runway that might be in real trouble.

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