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PitchBook Analyst Note: SPACs in Space

3Q 2019

PitchBook Analyst Note: SPACs in Space

July 12, 2019

PitchBook Analyst Note: SPACs in Space
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On the tail of Slack's atypical venture into public markets via direct listing, Social Capital Hedosophia's reverse merger of commercial space travel company Virgin Galactic is another recent example of investors seeking to disrupt the IPO process. Our latest analyst covers this unique deal and its implications for public debuts of larger venture-backed tech companies going forward.