3 SPACs Hit New 52-Week Highs: Are Any Worth Owning?

“I believe the biggest gains in the future will come from companies that are involved in fixing the fundamental risks that come from our interconnected global order while reinforcing American exceptionalism.”Like all SPACs, AEXA must complete a business combination with an operating company within a specified timeframe. In this case, it’s 18 months. Very standard.Palihapitiya launched his first SPAC in 2017. It became Virgin Galactic (SPCE), the space company backed by billionaire Richard Branson. Its share ...