You Searched For "forbes spac" and got 20 results
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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
2 mins read
Forbes is going public via $630 million SPAC merger with Magnum Opus Acquisition
The transaction, which is expected to close in the fourth quarter or first quarter 2022, will be us…
Isabelle Lee
1 min read
Crypto exchange Binance invests $200 million in Forbes ahead of the magazine's SPAC merger plans
The investment comes ahead of the magazine's SPAC merger later this quarter and will make Binance o…
Isabelle Lee
2 mins read
Trump is furious at Forbes after the publication dropped him from its 400 wealthiest Americans list
The former president lashed at the financial publication after it booted him off of the list that i…
Brent D. Griffiths
2 mins read
The company buying Trump's social network Truth Social warned investors about his history of bankruptcy and failed business ventures
In a filing Monday, Digital World highlighted the failures of Trump Taj Mahal, Trump University, an…
Isobel Asher Hamilton
2 mins read
Donald Trump's personal wealth rose $600 million since he left the White House, according to Forbes
The billionaire jumped ahead in Forbes' list of the wealthiest people in the world in large part du…
Grace Kay
1 min read
Billy Beane-led SPAC fails to strike deal to take Boston Red Sox public, report says
RedBall Acquisition Corp. will now set its sights on other acquisition targets, potentially in pro …
Matthew Fox
1 min read
An autonomous-vehicle company that uses technology Elon Musk said is 'doomed' went public via SPAC and is up over 110% in 3 days
Luminar's SPAC debut propelled 25-year-old CEO Austin Russell to become one of the world's youngest…
Emily Graffeo
2 mins read
A 26-year-old CEO has been crowned the youngest self-made billionaire on Forbes' annual billionaires list after Kylie Jenner was removed
Austin Russell became a billionaire almost overnight in December when his company, Luminar Technolo…
Grace Kay
2 mins read
Donald Trump's Truth Social loses tens of millions of dollars this year
The half-year net loss of almost $23 million and issues with a takeover deal raises doubts for the …
Polly Thompson
2 mins read
There's a new theory that Adam Neumann will buy back WeWork
A theory is floating around that ousted WeWork founder Adam Neumann is poised to return. It's specu…
Katie Notopoulos
7 mins read
How Trump's 'I'm rich!' boasts are coming back to bite him in court
Donald Trump can't help bragging about his wealth. But his boasts helped fuel the $83.3M E. Jean C…
Laura Italiano,Jacob Shamsian
3 mins read
From Ukrainian noodles to electric cars. Here's how VinFast founder Pham Nhat Vuong built a more than $60 billion fortune
After selling his instant noodle business to Nestle for $150 million, Pham Nhat Vuong invested in V…
Matthew Fox
3 mins read
The 'next Warren Buffett' curse: Sam Bankman-Fried is the latest market icon to fall after being compared to the legendary investor
Warren Buffett's success is driven by his ability to buy quality stocks at solid valuations and let…
Matthew Fox
2 mins read
Boxed bankruptcy could be blamed on Silicon Valley Bank's collapse, but its problems extend far beyond the bank run
Boxed filed for Chapter 11 bankruptcy Sunday, pressured by Silicon Valley Bank's collapse. But lowe…
Alex Bitter
1 min read
Binance's CEO, who pledged $500 million to Elon Musk's Twitter takeover, said 'free speech is very hard to define'
CEO Changpeng Zhao made the remark after Bloomberg asked about Binance's lawsuit against Forbes, wh…
Katie Canales
2 mins read
Infrastructure plan's big winners on Wall Street
A massive infrastructure plan could be boon for pension funds, who have contributed to the 10-year …
Dan DeFrancesco,Jordan Parker…
2 mins read
Billionaire investor Leon Cooperman predicts US stocks will plunge 40% in total as the economy crashes into a recession
Cooperman said US stocks might not bounce back until the S&P 500 hits 3,000 — more than 20% b…
Harry Robertson
2 mins read
An Uber-backed aerospace company looking to make flying taxis a reality by 2024 leaps 15% in its stock-market debut
Joby displayed a prototype of its distinctive five-seater aircraft, brought in from California, out…
Shalini Nagarajan
1 min read
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.…