5 Best SPACs to Invest In According to Reddit

2. Social Capital Hedosophia Holdings Corp. VI (NYSE: IPOF) 

Social Capital Hedosophia Holdings Corp. VI (NYSE: IPOF) is a special purpose acquisition company headquartered in California. It is placed second on our list of 10 best SPACs to invest in according to Reddit. The company concentrates on initial public offerings related to the technology sector. It went public in October 2020 and raised more than $1.1 billion from the offering. The CEO of the company is Chamath Palihapitiya. 

Chamath Palihapitiya

Social Capital Hedosophia Holdings Corp. VI (NYSE: IPOF) is in talks for a merger with Equinox Holdings, the New York-based holding company that provides fitness services and is valued at over $7 billion. Equinox is planning an initial public offering soon. Some of the famous brands owned by Equinox Holdings include  SoulCycle and Blink Fitness. Chamath Palihapitiya has previously done successful IPOs with five SPACs.