Bill Gates Is Right About SPACs and QuantumScape
Below $42, QS stock is a long-term home run for investors Q1 2021 hedge fund letters, conferences and more Bill Gates appeared on CNBC on Good Friday to discuss his climate-related work for the Economic Club of New York. The conversation veered off into the wild and wooly world of special purpose acquisition companies (SPACs). Gates, an early backer of QuantumScape Corp (NYSE:QS) and QS stock, suggested that people do what he’s doing and only get involved with quality SPACs. The assumption here is that QuantumScape is such a company. Is he right? I’ll explore this subject further. It Helps to ...