Current:Home > ContactIs Wall Street's hottest trend finally over? -Stellar Wealth Sphere
Is Wall Street's hottest trend finally over?
View
Date:2025-04-17 02:09:58
WeWork, 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.
veryGood! (7615)
Related
- 2 killed, 3 injured in shooting at makeshift club in Houston
- What happens if you contribute to a 401(k) and IRA at the same time?
- Charlotte Hornets to interview G League's Lindsey Harding for head coach job, per report
- How NBA Play-In Tournament works: Brackets, schedule and history
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Broken record: March is 10th straight month to be hottest on record, scientists say
- Tennessee lawmakers seek to require parental permission before children join social media
- Experts warn not to look at solar eclipse with your phone camera — but share tricks for safely taking pictures
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Towboat owner gets probation in 2018 river oil spill along West Virginia-Kentucky border
Ranking
- Nevada attorney general revives 2020 fake electors case
- Books most challenged in 2023 centered on LGBTQ themes, library organization says
- Judge denies 11th-hour request by Trump to delay start of his hush money criminal trial
- A man led police on a car chase, drove off a 100-foot cliff on Long Island and survived
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- A man led police on a car chase, drove off a 100-foot cliff on Long Island and survived
- Norfolk Southern, victims reach $600M settlement for 2023 East Palestine train derailment
- NAIA, governing small colleges, bars transgender athletes from women's sports competitions
Recommendation
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
A man accused of setting a fire outside Bernie Sanders’ office stayed at an area hotel for weeks
A man accused of setting a fire outside Bernie Sanders’ office stayed at an area hotel for weeks
Former hospital IT worker pleads guilty to 3-decade identity theft that led to his victim being jailed
See you latte: Starbucks plans to cut 30% of its menu
Mercury feed into Diana Taurasi-Caitlin Clark rivalry, other WNBA teams prepare for Clark
Can’t get enough of the total solar eclipse or got clouded out? Here are the next ones to watch for
Stock market today: Asia stocks rise with market focus on signs of interest rate cut