Climate Tech Startup With Celebrity And Billionaire Backers Files For Bankruptcy

The company, which grew out of fintech Aspiration, owes $30 million to billionaire Steve Ballmer’s L.A. Clippers. It reported a $580 million accumulated net operating loss for tax purposes.

Apr 1, 2025 - 17:00
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Climate Tech Startup With Celebrity And Billionaire Backers Files For Bankruptcy
The company, which grew out of fintech Aspiration, owes $30 million to billionaire Steve Ballmer’s L.A. Clippers. It reported a $580 million accumulated net operating loss for tax purposes.

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