Current:Home > FinanceBenjamin Ashford|Is Wall Street's hottest trend finally over? -WealthRise Academy
Benjamin Ashford|Is Wall Street's hottest trend finally over?
NovaQuant View
Date:2025-04-08 16:57:10
WeWork,Benjamin Ashford 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! (46)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- BP’s Incoming Boss Ready to Scale Down Gulf Clean-up Operation
- Chrissy Teigen and John Legend welcome 4th child via surrogate
- How Fossil Fuel Allies Are Tearing Apart Ohio’s Embrace of Clean Energy
- The Grammy nominee you need to hear: Esperanza Spalding
- Stimulus Bill Is Laden With Climate Provisions, Including a Phasedown of Chemical Super-Pollutants
- TVA Votes to Close 2 Coal Plants, Despite Political Pressure from Trump and Kentucky GOP
- Rudy Giuliani interviewed by special counsel in Trump election interference probe
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- RHOC's Shannon Beador Has a Surprise Reunion With Ex-Husband David Beador
Ranking
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Ulta 24-Hour Flash Deal: Dry and Style Your Hair at the Same Time and Save 50% On a Revlon Heated Brush
- The Challenge's Amber Borzotra Gives Birth, Welcomes Baby With Chauncey Palmer
- Cancer drug shortages could put chemo patient treatment at risk
- The White House is cracking down on overdraft fees
- Jonah Hill Welcomes First Baby With Olivia Millar
- Going, Going … Gone: Greenland’s Melting Ice Sheet Passed a Point of No Return in the Early 2000s
- Should ketchup be refrigerated? Heinz weighs in, triggering a social media food fight
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Return to Small Farms Could Help Alleviate Social and Environmental Crises
Why Elizabeth Holmes Still Fascinates: That Voice, the $1 Billion Dollar Lie & an 11-Year Prison Sentence
Man faces felony charges for unprovoked attack on dog in North Carolina park, police say
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
See photos of recovered Titan sub debris after catastrophic implosion during Titanic voyage
Fourth of July flight delays, cancellations contributing to summer travel woes
Texas appeals court rejects death row inmate Rodney Reed's claims of innocence