Tag: Apex Clearing

SPAC-Mania, Bitcoin and The Fed

SPAC-Mania, Bitcoin and The Fed

The SPACs just keep coming. EV manufacturer Lucid Motors plans to IPO via Michael Klein's Churchill Capital. Zero revenue and a $24 billion proforma valuation. I find it fascinating that "sober" investors such as Fidelity and BlackRock participate in these bubble deals. Link HERE. Another SPAC listing will take place when Apex Clearing completes its … Continue reading SPAC-Mania, Bitcoin and The Fed