v3.20.4
STATEMENT OF CASH FLOWS
 8 Months Ended
Dec. 31, 2020
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (2,521,839)
Adjustments to reconcile net loss to net cash used in operating activities:  
Interest earned on marketable securities held in Trust Account (531,361)
Unrealized gain on marketable securities held in Trust Account (4,645)
Changes in operating assets and liabilities:  
Prepaid expenses (937,786)
Accrued expenses 1,446,951
Income taxes payable 81,422
Net cash used in operating activities (2,467,258)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (2,070,000,000)
Cash withdrawn from Trust Account to pay taxes 450,000
Net cash used in investing activities (2,069,550,000)
Cash Flows from Financing Activities:  
Proceeds from issuance of Class B common stock to Sponsor 25,000
Proceeds from sale of Units, net of underwriting discounts paid 2,033,596,400
Proceeds from sale of Private Placement Warrants 42,850,000
Proceeds from promissory note - related party 550,000
Repayment of promissory note - related party (550,000)
Payment of offering costs (861,285)
Net cash provided by financing activities 2,075,610,115
Net Change in Cash 3,592,857
Cash - End of period 3,592,857
Non-Cash investing and financing activities:  
Initial classification of Class A common stock subject to possible redemption 1,998,159,110
Change in value of Class A common stock subject to possible redemption (2,520,840)
Deferred underwriting fee payable $ 72,450,000