The world of investing is often fraught with rapid changes and unexpected turns. For those who had placed their bets on XXI Inc., the recent plummeting of their shares following the SPAC merger is ...
Mike Collett, managing partner of early-stage investor Promus Ventures, poured cold water on a potential SPAC resurgence despite growing optimism among space investors. Credit: Satellite Innovation ...
At least two hedge funds sold their stakes in Digital World Acquisition Corp. after that SPAC firm announced plans to merge with former President Donald Trump's planned social media platform.
SPACs merge with private companies to take them public, often without specifying their target in advance. Investing in SPACs can lead to significant returns when a merger target is revealed, boosting ...
Spend enough time investing in space and expectations change. The industry does not advance through clean inflection points that resolve uncertainty, and progress rarely aligns with the milestones ...
Notable SPAC investor Chamath Palihapitiya recently launched a new blank check company called the American Exceptionalism Acquisition Corp A (NYSE: AEXA). The new SPAC has some key differences from ...
As investment dollars flow into space, these stocks offer a chance to capture the upside of a multidecade growth cycle.