Social Capital Hedosophia Holdings Corp. VI Class A (IPOF)

10.06
0.05 0.49
NYSE
Prev Close 10.11
Open 10.08
Day Low/High 10.03 / 10.13
52 Wk Low/High 10.25 / 16.24
Volume 2.62M
Exchange NYSE
Shares Outstanding 143.75B
Market Cap 1.45B
Div & Yield N.A. (N.A)

This game being widely played right now is part of the reason it is so easy for new SPACs to keep raising money.

Buying the SPAC CCIV comes with plenty of downside risk and a lot of unknowns.

This stock is flying all around so we'll see how long the conditions last or if strikes will need adjusting.

Until we see one of these SPACs fail, buying the units, stock, or warrants as early as possible has been hugely rewarding.

Thus far I've learned not to bet against Chamath Palihapitiya.