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The Latest Breaking News from Chamath Palihapitiya

Elon Musk's buddies in Silicon Valley are predicting he will emerge laughing from his year of record-breaking wealth destruction

The Twitter and Tesla CEO will get "complete financial flexibility" this year, predicts VC Chamath Palihapitiya.

Fortune

IPO outlook: After a boom and bust in recent years, 2023 may be the year unicorns Stripe, Chime, and Instacart list shares

The IPO pipeline closed in 2022, but there’s reason to believe that it may reopen as 2023 gets underway.

Fortune

A prominent investor once advised Sam Bankman-Fried’s FTX to form a board

The crypto exchange FTX, once valued at $26 billion, was operating without a real board. Its downfall could lead to renewed pressure for private companies to have independent directors.

Fortune

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The SPAC king blames the Fed for his successes and failures

Chamath Palihapitiya, the once-boastful meme lord, is reinventing himself.

Axios

Palihapitiya: "I massively benefitted" from Fed policy

Investors in risky asset classes "massively benefitted" from years of ultra-easy monetary policy.

Axios

Billionaire VC Chamath Palihapitiya Sells Clover Health Shares: Is He No Longer Bullish?

Once touted as the SPAC King, Chamath Palihapitiya used blank check companies to take several private companies public. But as the SPAC craze dies out, the billionaire venture capitalist is now distancing himself from those particular investment vehicles.

Benzinga

Chamath Palihapitiya reopens Social Capital to outside investors

Social Capital is back in market, four years after turning into a family office.

Axios

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The SPAC King Folds, Ending the Blank-Check Frenzy

Chamath Palihapitiya pioneered a new way of raising money. Now he’s giving $1.6 billion back, and his preferred investment vehicle looks increasingly like a passing fad.

Businessweek

Palihapitiya, 'King of SPACs,' Makes an Ominous Move

Venture capitalist Chamath Palihapitiya pumps the brakes on blank-check companies.

The Street

Chamath Palihapitiya Liquidating 2 SPACs: Are Dreams Of Creating The Next Berkshire Hathaway Over?

Known by many as the SPAC King, Chamath Palihapitiya was one of the biggest names associated with the growing number of blank check companies taking private companies public. When SPACs were hot with the market, Palihapitiya was loved by investors and companies.

Benzinga

Musk Friends And Billionaires Top Twitter's Subpoena In Latest Trial Twist: Palihapitiya, Palantir Founder Among Targets

A new subpoena from Twitter Inc (NYSE: TWTR) is requesting information from friends of Elon Musk in the battle between the social media platform and Tesla Inc (NASDAQ: TSLA) over a proposed $44 billion

Benzinga

Benzinga Bulls And Bears Of The Week: Apple, General Electric, Netflix, Nvidia And This Plunging Cathie Wood Favorite

Benzinga has examined the prospects for many investor favorite stocks over the past week, while offering a 24/7 news feed, live chat and charting software on Benzinga Pro.

Benzinga

Could Starlink Go Public Via SPAC? Rumors Of Palihapitiya Deal Increase

Retail investors love a good story for stocks, as well as love the opportunity to get into some potential growth stories on the ground floor. SPACs were one of the hottest stories in 2020 and 2021 but have fallen out of favor with many companies trading well below the $10 price…

Benzinga

Chamath Palihapitiya Steps Down From Virgin Galactic Board: What Investors Need To Know

A leading space tourism company announced a big change to its Board of Directors Friday.

Benzinga

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StockNews.com

If Any Real-Estate Investment Deserves to Double, It's Opendoor Technologies

Opendoor Technologies (OPEN) stock may have been a non-starter in 2021, but a turnaround may be imminent as the company ventures out into a pricey real-estate locale.

Benzinga

Chamath Palihapitiya Announces SPAC Deal For Akili: Revolutionary Digital Therapy For Mental Illness

A biotech focused SPAC launched by frequent SPAC sponsor Chamath Palihapitiya announced a merger deal Wednesday morning.

The Guardian - US

Sport is indifferent to the Uyghur genocide: the Warriors investor said the quiet part out loud

The NBA has owned the inside track on the sports world’s most coveted growth market, with operations worth about $5bn

Sports Illustrated

Warriors Distance From Co-Owner Chamath Palihapitiya After Comments About Uyghurs

Chamath Palihapitiya was dismissive of the genocide against the Uyghur Muslim minority population in China’s Xinjiang region.

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Benzinga

Why Chamath Palihapitiya Is Facing Backlash For His Comments On Uyghur Genocide

Billionaire venture capitalist Chamath Palihapitiya is under fire for comments he made on a podcast dismissing human rights abuses against the Uyghurs in China.

Benzinga

ProKidney Turns To Palihapitiya-Backed SPAC To Go Public In $2.6B Deal

ProKidney LP agreed to become a publicly-traded company via a business combination with Chamath Palihapitiya-backed special purpose acquisition company Social Capital Suvretta Holdings Corp III (NASDAQ: DNAC) in a deal valuing the

Al Jazeera

NBA’s Golden State Warriors seek distance from Uighur comments

Executive board member Chamath Palihapitiya says he doesn’t care about ‘what’s happening’ to Muslim minority group.

The Independent UK

Silicon Valley billionaire Chamath Palihapitiya condemned for Uyghur comments

NBA's Golden State Warriors minority owner Chamath Palihapitiya said China's abuse of the Uyghur minority group ‘is below my line’

The Guardian - US

Warriors part-owner backtracks after saying he doesn’t care about Uyghur abuse

A part-owner of the Golden State Warriors has backtracked after saying that ‘nobody cares’ about the human rights abuses suffered by the Uyghur people

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