You Searched For "social capital hedosophia" and got 20 results
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1 min read
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…
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
2 mins read
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
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
2 mins read
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
1 min read
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
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
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
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
2 mins read
Chamath Palihapitiya and Richard Branson are being sued over allegedly covering up flaws in Virgin Galactic's spaceships and pocketing millions by dumping shares
Palihapitiya and Branson took advantage of an "artificially inflated" stock price while knowing Vir…
Shalini Nagarajan
2 mins read
Billionaire Chamath Palihapitiya, who helped take Virgin Galactic public via a SPAC, has stepped down as the spaceship company's chairman
Palihapitiya said he's leaving Virgin to "focus on other existing and upcoming public board respons…
Shalini Nagarajan
2 mins read
Richard Branson is reportedly working on his first European SPAC after launching 2 companies through blank-check firms in the US
Sky News said Branson's business is working with bankers on the European SPAC, which could be annou…
Carla Mozée
2 mins read
SoFi to go public via SPAC backed by billionaire investor Chamath Palihapitiya
The deal will value SoFi at almost $9 billion, nearly double its last funding round of $4.3 billion…
Matthew Fox
2 mins read
Chamath Palihapitiya's SPACs will offer retail investors a way into its IPOs through SoFi's platform
The SPACs will make 5% of shares from the IPOs available to retail investors through SoFi's online …
Natasha Dailey
2 mins read
Virgin Galactic will become the first space-tourism company to list on the New York Stock Exchange next week
Since its founding in 2004, Virgin Galactic has raised more than $1 billion to develop the first co…
Carmen Reinicke
1 min read
Virgin Galactic tumbles as billionaire chairman Chamath Palihapitya sells $211 million stake
Virgin Galactic shares tumbled after a filing showed billionaire chairman Chamath Palihapitya sold …
Carla Mozée
1 min read
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
2 mins read
Richard Branson's Virgin Galactic is going public in 3, 2, 1...
Virgin Galactic has raised upwards of $1 billion since its founding in 2004, and collected about $8…
Theron Mohamed
1 min read
JPMorgan downgrades Chamath Palihapitiya-backed Clover Health - and expects the stock to flatline over the next 16 months
Clover Health jumped in June when it gained meme-stock status. But JPMorgan analysts think it will …
Harry Robertson
2 mins read
Billionaire Richard Branson to raise $400 million for new SPAC as it looks to expand its Virgin empire
VG Acquisition Corp, the new blank check company, plans to sell 40 million units at a price of $10 …