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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
8 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2021
Cash flows from operating activities:    
Net income (loss) $ (13,845) $ 20,129,873
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Investment income earned on investments held in Trust Account 0 (165,167)
Offering costs associated with warrants recorded as liabilities 0 1,677,518
Change in fair value of warrant liabilities 0 (25,208,969)
Excess of fair value over cost on sale of Private Placement Warrants 0 2,146,129
Changes in operating assets and liabilities    
Prepaid expenses 0 (664,163)
Accrued expenses 0 812,944
Payment of formation costs through issuance of Class B ordinary shares 13,845 0
Net cash used in operating activities 0 (1,271,835)
Cash flows from investing activities:    
Cash deposited in Trust Account 0 (1,000,000,000)
Net cash used in investing activities 0 (1,000,000,000)
Cash flows from financing activities:    
Proceeds received from initial public offering, gross 0 1,000,000,000
Proceeds received from sale of private placement warrants 0 23,000,000
Payment of underwriter commissions 0 (20,000,000)
Payment of offering costs 0 (811,937)
Net cash provided by financing activities 0 1,002,188,063
Net change in cash 0 916,228
Cash – beginning of period 0 0
Cash – end of period 0 916,228
Supplemental disclosure of non-cash activities    
Deferred offering costs included in accrued offering costs 202,600 0
Accrued offering costs charged to additional paid-in capital 0 110,000
Formation and offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares 25,000 0
Deferred underwriter’s commissions charged to additional paid-in capital in connection with the initial public offering 0 35,000,000
Initial classification of Class A ordinary shares subject to possible redemption $ 0 $ 1,000,000,000