Wall Street's new SPAC obsession is a technology Elon Musk mocks as a 'fool's errand.' Here's why investors think he's wrong.
5:31am PST - January 18th, 2021 weather radar - Business InsiderSummary List PlacementSpecial-purpose acquisition companies (SPACs) took over Wall Street in 2020, changing the way startups go public and demonstrating investors' eagerness to take bigger risks on young companies for the opportunity to earn greater returns i…