5 Best SPACs to Invest In According to Reddit

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In this article, we discuss the 5 best SPACs to invest in according to Reddit. If you want to read our detailed analysis of these SPACs, go directly to the 10 Best SPACs to Invest In According to Reddit.

5. Zanite Acquisition Corp. (NASDAQ: ZNTE)

Zanite Acquisition Corp. (NASDAQ: ZNTE) is a special purpose acquisition company that operates from Ohio. It is ranked fifth on our list of 10 best SPACs to invest in according to Reddit. The company went public in November 2020 and managed to raise more than $230 million from the offering. It targets mergers with firms working in the aerospace, defense, and emerging technology sectors. The CEO of the firm is Steven Rosen. 

Zanite Acquisition Corp. (NASDAQ: ZNTE) is reportedly in talks for a merger with Eve Urban Air Mobility, the Florida-based aerospace firm working on an electric vertical takeoff and landing vehicle and other solutions for urban air mobility, including air traffic management. The aerospace company is valued at over $2 billion and is expected to debut on the stock market late this year or early next year. 

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