Peter Thiel-Backed Video Platform Rumble Starts Trading After SPAC Deal

Rumble Inc.

Rumble Inc., the conservative video network backed by billionaire Peter Thiel, became a publicly traded company Monday through a merger deal with CF Acquisition Corp. VI, a SPAC backed by Wall Street firm Cantor Fitzgerald, that will value the business at more than $2 billion. The shares rose as much as 40% during the company’s first day of trading.

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