FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 31, 2023

Fair Value Disclosures [Abstract]

Fair Value Measurements, Recurring and Nonrecurring

The following tables present information about the Company’s financial assets and financial liabilities that are measured at fair value as of March 31, 2023 and December 31, 2022, and indicate the fair value hierarchy of the valuation techniques that the Company utilized to determine such fair value:

Description	Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)
As of March 31, 2023:
Assets, at fair value
Investments held in Trust Account:	$	484,900,806	$	—	$	—
Liabilities, at fair value
Public Warrants	$	17,600,000	$	—	$	—
Private Placement Warrants	$	—	$	13,493,333	$	—
Description	Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)
As of December 31, 2022:
Assets, at fair value
Investments held in Trust Account:	$	1,013,382,491	$	—	$	—
Liabilities, at fair value
Public Warrants	$	9,326,000	$	—	$	—
Private Placement Warrants	$	—	$	7,149,933	$	—

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation

The change in the fair value of the derivative warrant liabilities, measured using Level 3 inputs, for the three months ended March 31, 2022 is summarized as follows:

Warrant liabilities at December 31, 2021	$	13,882,522
Change in fair value of derivative warrant liabilities	(7,564,154)
Warrant liabilities at March 31, 2022	$	6,318,368