Catalyst: News that the SPAC will indeed find a unicorn to mate with. Chamath is very public and cares about his image as a disruptor so he will deliver big or not at all and apologize and try again and win big. I expect him to go after a company with large market cap(up and maybe past $10Billion) within his range and with undeniably potential.
Chamath is to take a board seat on this company.
if we are able to make a deal for 10% of a $10 Billion dollar company then the cap of IPOA .U goes to higher than one billion as the holding company is going to be worth as much as the asset + future growth of that unicorn priced in just like a regular pump.
Hopefully this is a multi X play, my conservative target is $25 for IPOA.U