The Japanese space trash company Astroscale lost half of its market value in the first year of going public, and the company expects its losses to double in the previous fiscal year.

One year ago, when Astroscale Holdings Inc. went public in Tokyo, enthusiasm for this Japanese space junk pioneer was high, with the stock price skyrocketing by 62% to become a company valued at 1 billion dollars. However, this momentum only lasted for one day. As these inflated expectations fell short, the company's stock price subsequently dropped by half. According to data compiled by Bloomberg, Astroscale was the worst-performing company among the top ten newly listed companies in Tokyo in the past year, with its stock price below the initial public offering price.