Current:Home > FinanceIs Wall Street's hottest trend finally over? -Achieve Wealth Network
Is Wall Street's hottest trend finally over?
View
Date:2025-04-18 14:44:57
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! (7)
Related
- In ‘Nickel Boys,’ striving for a new way to see
- Danity Kane’s Dawn Richard Accuses Sean Diddy Combs of Sexual Assault in New Lawsuit
- Most Americans don’t trust AI-powered election information: AP-NORC/USAFacts survey
- Judge disqualifies Cornel West from running for president in Georgia
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Chanel West Coast Details Daughter Bowie's Terrible 2s During VMAs Date Night With Dom Fenison
- Hall of Famer Joe Schmidt, who helped Detroit Lions win 2 NFL titles, dies at 92
- Travis Kelce Reacts to Taylor Swift’s Sweet 2024 MTV VMAs Shoutout
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Pair of rare Amur tiger cubs debuting at Minnesota Zoo are raising hopes for the endangered species
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Is it worth crying over spilled Cheetos? Absolutely, say rangers at Carlsbad Caverns National Park
- Ex-Indiana basketball player accuses former team doctor of conducting inappropriate exams
- Fearless Fund settles DEI fight and shuts down grant program for Black women
- This was the average Social Security benefit in 2004, and here's what it is now
- 2024 VMAs Red Carpet: Taylor Swift's Bondage-Inspired Look Is Giving Reputation Vibes
- Northern lights may be visible in 17 states: Where to see forecasted auroras in the US
- Watch Army veteran literally jump for joy over this surprise gift from his wife
Recommendation
Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
Northern lights may be visible in 17 states: Where to see forecasted auroras in the US
Solheim Cup 2024: Everything to know about USA vs. Europe golf tournament
Kendrick Lamar releases untitled track; song references feud, is first since 'Not Like Us'
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
From Chinese to Italians and beyond, maligning a culture via its foods is a longtime American habit
Why Travis Kelce Didn't Join Taylor Swift at the 2024 MTV VMAs
DA who oversaw abandoned prosecution of Colorado man in wife’s death should be disbarred, panel says