Remember the Special Purpose Acquisition Corporation? Yep, the SPAC was very hot in the unhinged days of 2020/2021 (as if we’re any more sensible now). One of the main proponents of them was this choad, Chamath Palihapitiya, whose most famous offering (which he sold WAY before the crash) was Virgin Galactic.
Here are some of the best-known SPACs; on average, it hasn’t been a great run.
