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Surf Air, xAI Alums Eye $200 Million Space SPAC as Next SpaceX-Like Play

Surf Air, xAI Alums Eye $200 Million Space SPAC as Next SpaceX-Like Play

LOS ANGELES, May 20, 2026, 12:41 PT Aviation and telecom veterans—ex-employees from Surf Air Mobility, SpaceX, and xAI among them—are backing a $200 million SPAC aimed at taking a space-focused company public, Bloomberg reported Wednesday. The entity, FutureCorp Space Acquisition 1, is targeting opportunities in space manufacturing, launches, in-orbit services, and defense. (Bloomberg) Timing’s in play here. SpaceX is pushing
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