SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2021

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Class A Common Stock Subject to Possible Redemption

Gross proceeds	$	690,000,000
Less:
Proceeds allocated to Public Warrants		(19,182,000)
Class A common stock issuance costs		(33,879,259)
Plus:
Accretion of carrying value to redemption value		53,061,259
Class A common stock subject to possible redemption	$	690,000,000

Basic and Diluted Net Loss per Common Stock

					For The Period from
					October 23, 2020 (Inception)
	Year Ended				Through
	December 31, 2021				December 31, 2020
	Class A		Class B		Class A		Class B
Basic and diluted net income (loss) per common stock
Numerator:
Allocation of net income (loss), as adjusted	$	5,637,131	$	1,764,364	$	—	$	(1,519)
Denominator:
Basic weighted average stock outstanding		53,523,288		16,744,521		—		15,000,000
Basic net income (loss) per common stock	$	0.11	$	0.11	$	—	$	(0.00)

					For The Period from
					October 23, 2020 (Inception)
	Year Ended				Through
	December 31, 2021				December 31, 2020
	Class A		Class B		Class A		Class B
Basic and diluted net income (loss) per common stock
Numerator:
Allocation of net income (loss), as adjusted	$	5,597,484	$	1,804,011	$	—	$	—
Denominator:
Diluted weighted average stock outstanding		53,523,288		17,250,000		—		—
Diluted net income (loss) per common stock	$	0.10	$	0.10	$	—	$	—