Special purpose acquisition companies, or SPACs, are exploding in popularity. They allow companies to go public without all the hoops of an initial public offering.
Markets welcomed President Trump's recommendation the transition process begin, which will provide critical resources and information to President-elect Joe Biden's team.
The Dow tumbled more than 900 points as COVID-19 cases surge in the United States and Europe, while next week's election is only adding to the uncertainty over the economy.
If the electric carmaker enters the S&P 500 index, as is widely expected, Wall Street's most controversial stock would start appearing in even the most mainstream investment accounts.