βΒ $354 Million market cap Β· β77.9% from peak
The rise & fall
5 moments Β· 2012β2024
The key moments, with employee sentiment along the way.
2012
π±
2012
Founded as NanoSatisfi
Peter Platzer's nanosatellite startup grows into Spire, listening to Earth's weather, ships and planes from orbit.
Wikipedia
Aug 2021
π
Aug 2021
The peak: a $1.6B SPAC debut$1.6B
Merges with NavSight Holdings and lists on the NYSE β unicorn status and a public listing in one stroke.
TechCrunch
2022
2022
Space SPACs fall to Earth
Cash concerns and a sector-wide slump drag the stock down.
Macrotrends
2022
π
2022
Slips out of the club
Market cap sinks below $1B; by 2026 it hovers near $0.3B, about 81% off the peak.
Macrotrends
2022β24
π¬
From the inside Β· Glassdoor reviews, 2022β24
Engineers on Glassdoor praised the satellites but not the paycheck: reviewers said equity-heavy pay packages lost much of their value as the shares fell, and a return-to-office mandate β which employees said leadership tied to weak results β strained morale.
Today
Today
Still in the club β and still trading
Live Β· SPIR Β· NYSEas of 2026-10-23
$9.06β² 1.23% todayβ $354M cap Β· β77.9% from peak
π¬ entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor β; dated facts carry their source.
How it happened
Spire Global operates a constellation of small satellites collecting weather, maritime and aviation data. It went public via SPAC in August 2021 at roughly a $1.6B valuation. Post-SPAC, its stock declined heavily amid cash concerns and the space-sector slump, dropping its market cap below $1B and to ~$0.3B by 2026, a ~81% decline from peak.
Source: CMC/Macrotrends Feb 2026
Founders
Peter Platzer
co-founder & CEO (until 2024)
Still there β Founder & Executive Chairman Β· LinkedIn β
Jeroen Cappaert
co-founder & CTO
Now Owner / CEO at Jeroen Cappaert Consulting Β· LinkedIn β
JS
Joel Spark
co-founder
Now Director, Solutions Architect at Kepler Communications Inc. Β· LinkedIn β
Current roles as self-reported on LinkedIn, retrieved 2026-08-21. See our methodology.
Disclosed investors (16)
Historical funding participation; lists may be incomplete and do not establish current ownership or investor losses.