Submitted by TransientSignal t3_11o4q6u in space
coweatyou t1_jbrlv0d wrote
Reply to comment by CFCYYZ in Space sector reacts to collapse of Silicon Valley Bank by TransientSignal
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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