Some news for virgin galatic. I don't know about having so many spac deals though.
https://www.cnbc.com/2021/06/12/virgin-orbit-in-talks-with-spac-for-3-billion-deal-to-go-public.html
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Are SPACs going to end up as a black eye that nobody wants to deal with in the future?
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I think so. Its being used quite a bit because these companies are basically bypassing regulations.
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