Investor Clears $200M Profit from SPAC Acquisition; Criticizes SPACs: Report

QuantumScape

Famed investor Jeremy Grantham has “by accident” made about $200 million from a personal investment in battery-maker QuantumScape after it merged with Kensington Capital Partners — despite his deriding the US craze for SPACs as “reprehensible,” the Financial Times reports. Read more.

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