Current：Home > FinanceIs Wall Street's hottest trend finally over? -ProsperityStream Academy
Is Wall Street's hottest trend finally over?
View
Date：2025-04-27 14:32:05
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！ (5)
Related
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Kadarius Toney cut by Kansas City as Chiefs' WR shake-up continues
- Auditor faults Pennsylvania agency over fees from Medicaid-funded prescriptions
- What’s hot in theaters? Old movies — and some that aren’t so old
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- US Open: Iga Swiatek and other tennis players say their mental and physical health are ignored
- Kamala Harris’ election would defy history. Just 1 sitting VP has been elected president since 1836
- Polaris Dawn mission: What to know about SpaceX launch and its crew
- What do we know about the mysterious drones reported flying over New Jersey?
- 'Robin Hood in reverse': Former 'Real Housewives' star convicted of embezzling $15 million
Ranking
- The Best Stocking Stuffers Under $25
- Errant ostrich brings traffic to a halt in South Dakota after escaping from a trailer
- Walmart's 2024 Labor Day Mega Sale: Score a $65 Mattress + Save Up to 78% on Apple, Bissell, Dyson & More
- Kelsea Ballerini Shares Her Dog Dibs Has Inoperable Heart Cancer
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- RFK Jr. appeals ruling that knocked him off New York’s presidential election ballot
- US Open: Cyberbullying remains a problem in tennis. One player called it out on social media
- Family of Grand Canyon flash flood victim raises funds for search team: 'Profoundly grateful'
Recommendation
Former longtime South Carolina congressman John Spratt dies at 82
Ludacris’ gulp of untreated Alaska glacier melt was totally fine, scientist says
Nebraska’s Supreme Court to decide if those with felony convictions can vote in November
-
Nebraska’s Supreme Court to decide if those with felony convictions can vote in November
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Channing Tatum Accuses Ex Jenna Dewan of Delay Tactic in Divorce Proceedings
Don't Miss Kate Spade Outlet's Labor Day Sale: Chic Bags, Wristlets & More Up to 81% off, Starting at $19
Bikinis, surfboards and battle-axes? Hawaii loosens long-strict weapons laws after court ruling