Fair Value Measurements (Tables)

5 Months Ended

Dec. 31, 2020

Fair Value Disclosures [Abstract]

Schedule of fair value on a recurring basis

	Quoted Prices in Active Markets		Significant Other Observable Inputs		Significant Other Unobservable Inputs
Description	(Level 1)		(Level 2)		(Level 3)
Assets held in Trust Account:
Mutual funds	$	600,053,904	$	-	$	-
				-		-
Liabilities:
Derivative warrant liabilities - Public	$	33,000,000		-		-
Derivative warrant liabilities - Private	$	-	$	-	$	15,950,001

Schedule of fair value measurements inputs at their measurement

	As of September 15, 2020		As of December 31, 2020
	Public	Private	Private
Volatility	14% - 23%	14% - 23%	19%
Stock price	$9.63 - $9.86	$9.63 - $9.86	$10.54
Expected life of the options to convert	5.75	5.75	5.6
Risk-free rate	0.34%	0.34%	0.45%
Dividend yield	0.0%	0.0%	0.0%

Schedule of change in the fair value of the derivative warrant liabilities

Derivative warrant liabilities at July 20, 2020 (inception)	$	-
Issuance of Public and Private Warrants		35,303,330
Change in fair value of derivative warrant liabilities		13,646,660
Derivative warrant liabilities at December 31, 2020	$	48,950,000