All right, everybody. It's Tuesday. We're climbing the hill and we have a spectacular show for you. Spectacular never gets old.

Oh, yes. Well, we start with the SPAC of Nikola, the failed alternative energy vehicle company. They're on trial in New York.

Trevor Milton, the founder who was on this very podcast and a clip from our podcast was played reportedly.

At the trial today. So I'm going to comment on that and then we'll get into other SPACs going on.

Yeah, it's good stuff. We're going to we'll talk about Chimath winding down two of his SPACs and returning the money to investors a little bit on the mechanics of SPACs.

I think for because a lot of people are not familiar with why SPAC might get wound down at all and then we'll break down the business of rumble, the right wing slash free speech neutral YouTube, depending on how you're pitching it.

And most importantly, I will make a J-Trade. That's right. It's been a little quiet on the J-Trade front, but I'm making a bet big bet based on some M&A activity in the market. It's going to be a great show. Stick with us.

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All right, everybody. It's Tuesday. There's a lot going on and my Twitter is blowing up. I guess Trevor Milton, I didn't realize it.

The founder CEO of Nikola, who was on this very program, not too long ago. He is on trial right now in New York.

Uh-huh. So let's give a little background here. We're talking about, of course, the company Nikola, which went public via SPAC.

It was like meant to be the, you know, savior of electric vehicles. It had a $2 billion investment from general motors.

And they were going to develop an electric pickup truck. Um, and that all, let's just say went wrong. A research firm.

Like, almost that that they had made this up when I read it, a research firm named Hindenburg. Hindenburg real firm.

True story, legit.

Accused the company of massive fraud saying that Nikola vastly overstated the capabilities of its technology and vehicles claims its partners did into their homework.

The stock went down 18% as of the time, as of, I think, early September out.

And it's maybe a little worse now. Nikola, I think founder and chairman Trevor Milton had already, like, stepped down as CEO, but was still the executive chairman.

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