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Grab the de-spacs with excess cash

Nirgunan Tiruchelvam
Nirgunan Tiruchelvam • 4 min read
Grab the de-spacs with excess cash
With its space exploration capabilities, Astra Space is at the cutting edge; but its share price has cratered following its de-spac / Photo: Astra Space
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Winning a lottery can turn out to be a setback. This was the sorry fate of Abraham Shakespeare, a manual worker in Florida, who won the lottery in 2006.

It was unclear whether Shakespeare was a descendant of the man who wrote Hamlet. However, Shakespeare’s fate was tragic.

In November 2006, his life changed beyond recognition. He bought a lottery ticket while on the highway to Miami. It turned out to be the winning Lotto ticket worth US$30 million.

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