Chris Katje and Spencer Isreal discuss $IPOE (Social Capital Hedosophia Holdings) and the stock's recent momentum. IPOE plans to change its ticker and begin trading on the NASDAQ on June 1, 2021. The company also announced a merger deal with Social Finance Inc. — better known as SoFi in early January. The deal is expected to provide up to $2.4 billion in cash proceeds, including a $1.2 billion private investment in public equity, or PIPE, led by Chamath Palihapitiya, the chief executive of Social Capital.

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