SpaceX goes public through Bill Ackman "SPAR" company?

Investor Bill Ackman proposed on X that Elon Musk take SpaceX public through a merger with Pershing Square SPARC Holdings Ltd., a company founded and run by Ackman to innovatively transact public offerings through the use of Special Purpose Acquisition Rights or “SPARs” (see: https://x.com/BillAckman/status/2002484983123136990). This market will resolve to “Yes” if either of the following conditions are met: - An agreed merger or business combination deal between SpaceX and Pershing Square SPA...