The SPAC bubble burst in the second quarter of 2021 after **** consecutive quarters of growth. The peak of the SPAC boom was reached when SPACs raised **** billion U.S. dollars via IPOs in the first quarter of 2021. However, this number plummeted to only **** billion U.S. dollars in the following quarter. In April 2021, the U.S. Securities and Exchange Commission (SEC) brought in new accounting rules for SPACs, which likely played a role in the drop in new SPAC IPO filings.
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CB ÌÇÐÄÆÆ½â°æ. (July 14, 2021). Proceeds of special purpose acquisition company (SPAC) IPOs worldwide from Q1 2018 to Q2 2021 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 19, 2026, from /statistics/1250653/size-spac-ipos-quarterly/
CB ÌÇÐÄÆÆ½â°æ. "Proceeds of special purpose acquisition company (SPAC) IPOs worldwide from Q1 2018 to Q2 2021 (in billion U.S. dollars)." Chart. July 14, 2021. ÌÇÐÄÆÆ½â°æ. Accessed July 19, 2026. /statistics/1250653/size-spac-ipos-quarterly/
CB ÌÇÐÄÆÆ½â°æ. (2021). Proceeds of special purpose acquisition company (SPAC) IPOs worldwide from Q1 2018 to Q2 2021 (in billion U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 19, 2026. /statistics/1250653/size-spac-ipos-quarterly/
CB ÌÇÐÄÆÆ½â°æ. "Proceeds of Special Purpose Acquisition Company (Spac) Ipos Worldwide from Q1 2018 to Q2 2021 (in Billion U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 14 Jul 2021, /statistics/1250653/size-spac-ipos-quarterly/
CB ÌÇÐÄÆÆ½â°æ, Proceeds of special purpose acquisition company (SPAC) IPOs worldwide from Q1 2018 to Q2 2021 (in billion U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1250653/size-spac-ipos-quarterly/ (last visited July 19, 2026)
Proceeds of special purpose acquisition company (SPAC) IPOs worldwide from Q1 2018 to Q2 2021 (in billion U.S. dollars) [Graph], CB ÌÇÐÄÆÆ½â°æ, July 14, 2021. [Online]. Available: /statistics/1250653/size-spac-ipos-quarterly/