Fair Value Measurements (Tables)

5 Months Ended

6 Months Ended

12 Months Ended

Jun. 30, 2021

Jun. 30, 2021

Dec. 31, 2020

Fair Value Measurements (Tables) [Line Items]

Schedule of assets that are measured at fair value on a recurring basis

Description	Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)
Assets: Investments in Trust Account
U.S. Treasury securities	$	552,007,459	$	—	$	—
Derivative Warrant Liabilities:
Public Warrants	$	28,483,200	$	—	$	—
Private Placement Warrants	$	—	$	—	$	33,121,599

Schedule of provides quantitative information regarding Level 3 fair value measurements

	Initial Fair Value		As of June 30, 2021
Exercise price	$	11.50	$	11.50
Unit price	$	10.00	$	10.32
Volatility		23.7% – 41.0%		31.9% – 42.0%
Term (years)		5.98		5.75
Risk-free rate		1.09%		0.99%
Dividend yield		0.0%		0.0%

Schedule of derivative warrant liabilities

Derivative warrant liabilities at January 25, 2021 (inception)	$	—
Level 3 Warrant liabilities at March 31, 2021		—
Issuance of Public and Private Warrants		46,248,532
Transfer of Public Warrants to Level 1		(17,995,200	)
Change in fair value of warrant liabilities		4,868,267
Level 3 Warrant liabilities at June 30, 2021		33,121,599

EQRx, INC. [Member]

Fair Value Measurements (Tables) [Line Items]

Schedule of assets that are measured at fair value on a recurring basis

	June 30, 2021
	Amortized Costs		Gross Unrealized Gain		Gross Unrealized Loss		Aggregate Fair Value		Fair Value Level
Financial assets
Cash equivalents:
Money market funds	$	144,347	$	—	$	—	$	144,347	Level 1
Commercial paper (due within 90 days)		353,765		—		—		353,765	Level 2
Total financial assets	$	498,112	$	—	$	—	$	498,112

	December 31, 2020
	Amortized Costs		Gross Unrealized Gain		Gross Unrealized Loss		Aggregate Fair Value		Fair Value Level
Financial assets
Cash equivalents:
Money market funds	$	361,087	$	—	$	—	$	361,087	Level 1
Commercial bonds (due within 90 days)		32,059		—		—		32,059	Level 2
Commercial paper (due within 90 days)		94,536		—		—		94,536	Level 2
Total financial assets	$	487,682	$	—	$	—	$	487,682

Schedule of provides quantitative information regarding Level 3 fair value measurements

	Six Months Ended June 30,
	2021		2020
Risk-free interest rate	0.91	%	0.43	%
Volatility	65	%	67	%
Dividend yield	0.00	%	0.00	%
Expected term (years)	6.0		5.9

	Year Ended December 31, 2020
Risk-free interest rate	0.42	%
Volatility	66	%
Dividend yield	0.00	%
Expected term (years)	6.02