As the special purpose acquisition companies’ (SPACs) love affair with electric vehicle startups cools, infatuation backed by blank check-writing investors may blossom for self-driving truck startups.
After several months of stock price run-ups in SPAC-sponsored electric vehicle and infrastructure companies, prices have fallen dramatically in recent weeks. In some cases, they are edging close to their original $10-per-share offering price.
One target in the shift from electrification appears to...
https://s29755.pcdn.co/news/are-spacs-redirecting-blank-check-love-to-self-driving-truck-startups?