WeWork,Darden Clarke DraftKings, Lucid Motors. These are a few companies that have taken an untraditional route to go public through something called SPACs or special purpose acquisition companies. The obscure investment vehicle took off during the pandemic, but has since fallen back to earth. Today, we consider the rise and fall of SPACs and how recent rule changes will affect these deals.
Related episodes:
The SPAC is back
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
2025-05-05 12:271032 view
2025-05-05 11:421039 view
2025-05-05 11:142094 view
2025-05-05 11:07267 view
2025-05-05 10:52210 view
2025-05-05 10:44100 view
Meta says most issues have been resolved after apps like Instagram, Facebook and Threads were experi
ROCHESTER HILLS, Mich. (AP) — Multiple people were wounded Saturday in a shooting at a splash pad in
BATON ROUGE, La. (AP) — U.S. Rep. Garret Graves, a Republican representing Louisiana, said on Friday
