February 2021 was a record month for both SPAC IPOs and SPAC mergers. SPACs, or special purpose acquisition companies, are public companies which raise money and then aim to merge with a private company, thus taking the target company public in the process. The value of SPAC IPOs reached **** billion U.S. dollars in February 2021 and SPAC mergers were valued at *** billion U.S. dollars. As of that month, only one third of SPAC merger deals announced in the United States had been completed.
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Wall Street Journal. (March 29, 2021). Value of special purpose acquisition company (SPAC) IPOs and merger deals worldwide from January 2019 to February 2021 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 25, 2026, from /statistics/1231532/monthly-value-spac-ipos-and-mergers/
Wall Street Journal. "Value of special purpose acquisition company (SPAC) IPOs and merger deals worldwide from January 2019 to February 2021 (in billion U.S. dollars)." Chart. March 29, 2021. ÌÇÐÄÆƽâ°æ. Accessed July 25, 2026. /statistics/1231532/monthly-value-spac-ipos-and-mergers/
Wall Street Journal. (2021). Value of special purpose acquisition company (SPAC) IPOs and merger deals worldwide from January 2019 to February 2021 (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 25, 2026. /statistics/1231532/monthly-value-spac-ipos-and-mergers/
Wall Street Journal. "Value of Special Purpose Acquisition Company (Spac) Ipos and Merger Deals Worldwide from January 2019 to February 2021 (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 29 Mar 2021, /statistics/1231532/monthly-value-spac-ipos-and-mergers/
Wall Street Journal, Value of special purpose acquisition company (SPAC) IPOs and merger deals worldwide from January 2019 to February 2021 (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1231532/monthly-value-spac-ipos-and-mergers/ (last visited July 25, 2026)
Value of special purpose acquisition company (SPAC) IPOs and merger deals worldwide from January 2019 to February 2021 (in billion U.S. dollars) [Graph], Wall Street Journal, March 29, 2021. [Online]. Available: /statistics/1231532/monthly-value-spac-ipos-and-mergers/
