There are currently 600 spacks, more than 600 bacts, that are looking for companies to buy. There's another piece to this though, where there were spacks that were created that have not yet found their dancing partner. And if you think about that, do you think right now, there are eight thousand publicly traded companies in the united states? Do you thinkth there are 600 companies that are ready to go public right now?
Hey, what happened to all of those SPACs going public? Dylan Lewis and Bill Mann look back on the great SPAC boom, when more than $240 billion flowed into blank check companies between 2020 and 2021, and discuss: - The incentives that both created the boom and bust - Rare SPACs that may have a bright future ahead - A potential arbitrage opportunity for investors watching SPACs
Stocks mentioned: NKLA, DKNG, LCID, QS, UTZ
Additional resource: What Are SPACs in Finance? - https://www.fool.com/investing/how-to-invest/stocks/spac/
Host: Dylan Lewis Guest: Bill Mann, Chamath Palihapitiya Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
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