One of the latest deals involving a blank check company will bring a "leader in Manufacturing 2.0" to the public markets, according to tech investor Chamath Palihapitiya.
Boston-based Desktop Metal announced last week that it would merge with special purpose acquisition company ., with Palihapitiya helping to lead a $275 million investment to finance the deal. The founder and CEO of investment firm Social Capital said on Twitter that Desktop Metal was well-positioned for a shift toward more sustainable and U.S.-based manufacturing.
Pro LOVE THIS GUY CHAMATH.. HE IS A FUCKING GENIUS!!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Warren Buffett buys into Japanese stocks. How to play the move using ETFsWith billionaire Warren Buffett's Berkshire Hathaway investing in the five leading trading companies in Japan, market analysts flag ways to ride the wave using ETFs. ETFEdgeCNBC He needs a new brain . ETFEdgeCNBC Is it under ten dollars? ETFEdgeCNBC USA has become the largest economy on the planet, thanks to the work and unity of its people. Trump to stay in power, like as Hitler preaches the people's fear and disintegration, dividing them into right and left, and a disungregated and disintegrated people destroys a nation.
Source: CNBC - 🏆 12. / 72 Read more »
Shipping Stocks Weather the Pandemic StormInvestors in container-shipping companies are having an unexpectedly good year as freight rates surge despite the pandemic, thanks to quick capacity adjustments and surprisingly robust demand. The Democratic Party has become the party of intolerance, censorship and Racism. Democrats have incited riots and promoted Marxist revolution, but offered NO protection to law abiding citizens. The country is waking to their evil and it has sealed their fate! Baltic Dry index, one of the truest bellwethers of economic activity, started in 1985 to keep track of the ships that move raw materials that fuel economies. Reminds me of Moscow Mitch and his shipping heiress wife, Elaine Chao, our Transportation Secretary.
Source: WSJ - 🏆 98. / 63 Read more »