https://www.reuters.com/article/us-grab-strategy/analysis-grabs-nasdaq-debut-to-test-its-40-billion-valuation-set-roadmap-for-spac-hopefuls-idUSKBN2CF0X8

Singapore's Grab more than doubled its valuation to $40 billion in about a year as part of the world's largest SPAC deal, but maintaining that level after its U.S. debut will be a test not only for investors but also for firms eyeing similar listings.