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Whitesides steps down from Virgin Galactic as stock price crashes

Whitesides steps down from Virgin Galactic as stock price crashes
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Opendoor to go public as the shareholders of IPOB have approved the proposed merger between the two companies

On Thursday, December 17, 2020, Social Capital Hedosophia (NYSE:IPOB) shareholders have approved the proposed merger with a San Francisco-based online real estate company, paving the way for Opendoor to become a public company. Social Capital Hedosophia is a publicly traded SPAC (special purpose acquisition company) listed on the NYSE and backed by Virgin Galactic Chairman Chamath Palihapitiya. Big News: $IPOB is merging with @Opendoor and will take them public. More than $1B is being invested to help Opendoor build a legacy company. This is my next big 10x idea (memo attached). Tune into @SquawkCNBC today at 8am ET to hear more.

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