Growing interest in SPACs has created an explosion in investment.
$, billions
Source: SPACInsider
2019
2020
$13.6
$83.3
SPAC activity set a record in 2020, with
248 deals representing $83.3 billion taking
place,
up from
59 deals representing $13.6 billion
in 2019. And in 2021, SPAC
investment continues to gain momentum.