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Benzinga
Benzinga
Business
Chris Katje

Chamath Palihapitiya Returns To SPACs: Past 18 Deals, Investments Average Loss Of 14%

Chamath Palihapitiya

Investor Chamath Palihapitiya, once known as the "SPAC King," is back with a new SPAC, signaling a potential top or bottom for the SPAC market, with investors cautious after past returns from completed mergers.

Here's a look back at Palihapitiya's SPAC history, including deals he helped finance, details of the new SPAC and what's next.

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