5 Best SPACs to Buy According to SoftBank’s Masayoshi Son

1. Churchill Capital Corp IV (NYSE: CCIV)    

Churchill Capital Corp IV (NYSE: CCIV) is placed first on our list of 10 best SPACs to buy according to SoftBank’s Masayoshi Son. It is a special purpose acquisition company based in New York. It went public in July 2020, managing to raise over $2 billion from an initial offering. The company focuses on mergers with firms working in the United States. The CEO of the SPAC is Michael Klein. 

Churchill Capital Corp IV (NYSE: CCIV) has a market capitalization of over $6.9 billion. It has signed a definitive agreement for a merger with Lucid Motors, a California-based electric vehicle maker. Lucid Motors is valued at over $11 billion. 

At the end of the first quarter of 2021, SB Management owned more than 3.3 million shares in Churchill Capital Corp IV (NYSE: CCIV) worth $77 million. This represented 0.49% of the investment portfolio of SB Management.

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