Chamath Palihapitiya’s SPAC lineup is back in motion. Several of his former deals are printing fresh momentum in July 2025, with real numbers behind the move.
MP Materials is trading at $59.03, up 63% year-to-date. Volume today hit 26.5 million shares, well above its 20.1 million average. The stock opened at $55.41 and pushed to a high of $59.50. That’s a breakout. The company’s rare-earth supply chain is riding geopolitical tailwinds and domestic demand.
SoFi is holding $22.01, up 38% YTD. It just tagged a new 52-week high at $22.14. Volume is running at 31.1 million shares. The fintech platform has expanded its product suite and grown its user base. The market is rewarding execution.
Opendoor is trading at $1.70, up 86% YTD. The real estate platform has stabilized operations and is benefiting from a thaw in housing sentiment. It’s still speculative, but the bounce is real.
Virgin Galactic is showing signs of life. SPCE is up 15% today, printing $3.74 with volume at 14.1 million shares, five times its average. The stock hit $4.14 intraday. That’s the first real move in months. No confirmed catalyst yet, but traders are rotating into laggards.
Clover Health is trading at $3.06, up 21% YTD. Volume is light at 3.4 million shares, but the stock is holding above its 50-day average. The company’s Medicare Advantage platform is still under pressure, but the chart is stabilizing.
Chamath’s SPAC roster was written off after the 2022 unwind. But MP, SOFI, and OPEN are now outperforming Nvidia in year-to-date returns.
Sources:
https://finance.yahoo.com/news/chamath-palihapitiya-crumbling-spac-empire-100748788.html
NOTE: This is not financial advice. Please conduct your own due diligence.