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You Searched For "SPAC Social Capital Hedosophia Holdings II" and got 20 results


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Proptech firm Opendoor lays off 550 employees amid challenging market

Proptech platform Opendoor has laid off nearly 550 employees, or 18 percent of its workforce, as th…

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4 mins read

Before politics, JD Vance had a career in venture capital. Here are the startups he's invested in.

Before politics, JD Vance was a venture capitalist. Among other companies, his fund Narya invested …

Madeline Berg,Brent D. Griffi…   


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2 mins read

Luxury gym chain Equinox is in talks to go public via merger with Chamath Palihapitiya-backed SPAC

A potential transaction could value Equinox at more than $7.5 billion, according to a Bloomberg rep…

Matthew Fox   


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Social Capital SPAC led by billionaire Chamath Palihapitiya will merge with Clover Health in $3.7 billion deal

The healthcare company "will build large market adoption and shareholder returns" by lowering patie…

Ben Winck   


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1 min read

'SPAC king' Chamath Palihapitiya is planning a $1 billion listing of a climate company, according to reports

The billionaire investor's new vehicle won't be a SPAC, but it will aim to make several acquisition…

Theron Mohamed   


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Billionaire investor Chamath Palihapitiya reportedly plans to raise $500 million with 4th SPAC as blank-check spree continues

The news comes hours after Palihapitiya confirmed Social Capital Hedosophia's second SPAC will merg…

Ben Winck   


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The SPAC targeting Trump's media firm falls for a 2nd day as retail interest wanes and traders shift focus to Bakkt and Tesla

Digital World Acquisition Corp. fell 30% in two days of trading as interest among retail traders wa…

Natasha Dailey   


Theron Mohamed   


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2 mins read

The CEO of Binance says he hopes the exchange's stake in Forbes will push media companies toward adopting crypto and possibly decentralize the industry

"By investing in traditional businesses and helping them to integrate with crypto, it's an interest…

Isabelle Lee   


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Investor Chamath Palihapitiya cashed out his entire personal stake in Virgin Galactic for $211 million

The space-tourism group's chairman, who sold a chunk of his shares in December to free up cash, sti…

Theron Mohamed   


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Bill Ackman's SPAC falls after confirming talks to acquire 10% of Universal Music in long-awaited deal

Pershing Square Tontine Holdings fell as much as 11.6% Friday after the SPAC confirmed it is in tal…

Emily Graffeo   


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2 mins read

Social Capital SPAC led by billionaire investor Chamath Palihapitiya in advanced talks to merge with Opendoor, report says

Opendoor, a San Francisco-based firm, directly buys homes from sellers, makes minor repairs, and th…

Matthew Fox   


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At least 2 hedge funds dumped their SPAC stakes after a merger with Trump's new media company was announced, reports say

Investors in Digital World Acquisition Corp. reportedly sold their shares after finding out the SPA…

Kevin Shalvey   


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3 mins read

Amazon sold you everything, now it wants to test you

In this week's edition of the Insider Tech newsletter we look at Amazon's next big thing, and check…

Alexei Oreskovic   


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2 mins read

Billionaire investor Bill Ackman offers new hints on possible targets for his record-breaking SPAC

Ackman previously indicated his blank-check company was eyeing "mature unicorns" and "high-quality,…

Ben Winck   


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1 min read

Social Capital SPAC surges 25% after it confirms tie-up with Opendoor, Chamath Palihapitiya calls it his 'next big 10x idea'

"This is my next big 10x idea," Social Capital CEO Chamath Palihapitiya said in a tweet about the d…

Matthew Fox   


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Billionaire investor Bill Ackman is giving 26.5 million shares of Coupang to the Pershing Square Foundation and another non-profit

Billionaire hedge fund manager Bill Ackman is giving away 26.5 million shares of Coupang, worth $1.…

Will Daniel   


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2 mins read

Chamath Palihapitiya among SPAC sponsors asked by senators about potential conflicts of interest

The senators said industry insiders can "take advantage of ordinary investors" such as making "over…

Isabelle Lee   


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Richard Branson's Virgin Orbit to go public in SPAC merger valuing the satellite launch company at $3.2 billion

Virgin Orbit in January took 10 small satellites to Earth's orbit for NASA in its first successful …

Carla Mozée   


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2 mins read

Digital World Acquisition stock may face less short-seller pressure due to quirk in SPAC deals, expert says

DWAC's prospectus said 11 anchor investors would buy up to 91.3% of the shares offered, potentially…

Isabelle Lee