-
Elon Musk Tweets 'Caution' On SPACs As Tesla Rivals Go Public
Thursday, November 19, 2020 - 3:45pm | 458Read More...A Forbes cover story called "How SPACS Became Wall Street Money Tree" highlights some of the negatives of the SPAC industry. Tesla Inc (NASDAQ: TSLA) CEO Elon Musk tweeted in response to the article. What Happened: The article from Forbes highlights some former SPACs like Waitr...
-
Fisker Shares Rise in NYSE Debut, CEO Talks Future EV Market On CNBC
Friday, October 30, 2020 - 9:49am | 719Read More...Shares of Fisker Inc begin trading on the NYSE Friday after the completion of a special purpose acquisition company merger with Spartan Energy Acquisition Corp (NYSE: SPAQ). Henrik Fisker On CNBC: On Friday morning, Fisker Inc (NYSE: FSR) CEO Henrik Fisker was interviewed by Jim Cramer...
-
Cramer Discusses EV SPACs, Highlights Fisker, Hyliion
Friday, October 16, 2020 - 10:24am | 825Read More...On Thursday’s “Mad Money” show on CNBC, Jim Cramer changed his tone slightly and highlighted some of the electric vehicle SPACs. Cramer On SPACs: SPACs are basically investments that have “managers with a big pot of money they can use to make deals,” Cramer said....
-
Fisker Announces Magna As Partner On $37,499 Ocean SUV Ahead Of SPAC Merger
Thursday, October 15, 2020 - 2:11pm | 354Read More...Fisker and Magna International (NYSE: MGA) on Thursday announced a partnership that will see Magna manufacture the Fisker Ocean SUV at its European vehicle assembly facility. Production will start in late 2022. Magna is being issued warrants to purchase up to 6% of Fisker stock following the...
-
Defiance NextGen SPAC IPO ETF Launches: What Investors Need To Know
Thursday, October 1, 2020 - 2:42pm | 1353Read More...An ETF based on special purpose acquisition companies that trades on a U.S. exchange is now available to investors for the first time. About The New ETF: The Defiance NextGen SPAC IPO ETF (NYSE: SPAK) began trading Thursday. The ETF will hold common stock of newly issued SPACs (ex-...
-
Jim Cramer Compares Fisker And Its CEO To Nikola, Trevor Milton
Monday, September 28, 2020 - 2:03pm | 643Read More...The race to bring electric vehicles to market is leading many private EV companies go public via SPACs — and CNBC's Jim Cramer said one the EV companies that's going public is not a worthy investment. What Happened: On Friday’s “Mad Money” show, host Jim Cramer...
-
SPAC Stocks Fall After SEC Chairman Pushes For Additional Disclosures
Thursday, September 24, 2020 - 11:18am | 622Read More...Special purpose acquisition companies, or SPACs, have been one of the hottest ways for companies to go public and raise money in 2020. This year has seen $42 billion raised from SPACs, more than the last five years combined. What Happened: SEC Chairman Jay Clayton was interviewed on CNBC...
-
Cryptocurrency Platform Diginex Aims Nasdaq Listing Through SPAC Merger By September
Thursday, July 30, 2020 - 2:12am | 372Read More...Blockchain solutions provider Diginex is planning to go public in the United States through a merger with a special purpose acquisition company, or SPAC, within the current quarter ending in September. What Happened The $300 million reverse merger with 8i Enterprises Acquisitions Corp (NASDAQ...
-
Billionaire Face-Off: Fisker's Lu Guanqiu Takes On Tesla's Elon Musk
Thursday, May 22, 2014 - 11:03am | 724Read More...Nothing is quite as entertaining as a ‘grudge match’ between a couple of rich guys. If Chinese billionaire Lu Guanqiu meant what he said, there could be an electric car ‘battle royale’ in the making between Lu and Tesla (NASDAQ: TSLA) CEO Elon Musk. Lu, who now owns bankrupt Fisker Automotive...
-
Two Tech Stories Making Headlines Thursday (AAPL, HPQ)
Thursday, July 25, 2013 - 11:10am | 471Read More...Apple (NASDAQ: AAPL) and Hewlett-Packard (NYSE: HPQ) are front-and-center in tech news Thursday after two Asia-Pacific media outlets report key product offering developments. Apple The days of Apple being able to hide its upcoming products until a media event are gone, despite the company’s...
