The popularity of special purpose acquisition companies (SPACs), which are also known as blank check vehicles, exploded in 2020 and some SPACs gained hugely in value after the announcement of their deals. In 2021, this trend followed, with SPACs gaining more traction. The best performing SPAC IPO of 2021 in the United States involved Digital World Acquisition Corp., which recorded a return of *** percent as of December 2021. SPACs raised capital in a total of *** IPOs throughout 2021.
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Investopedia. (December 15, 2021). Special purpose acquisition companies (SPACs) with highest return after deal announcement in the United States in 2021 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 21, 2026, from /statistics/914654/spac-highest-return-after-deal-usa/
Investopedia. "Special purpose acquisition companies (SPACs) with highest return after deal announcement in the United States in 2021." Chart. December 15, 2021. ÌÇÐÄÆƽâ°æ. Accessed July 21, 2026. /statistics/914654/spac-highest-return-after-deal-usa/
Investopedia. (2021). Special purpose acquisition companies (SPACs) with highest return after deal announcement in the United States in 2021. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 21, 2026. /statistics/914654/spac-highest-return-after-deal-usa/
Investopedia. "Special Purpose Acquisition Companies (Spacs) with Highest Return after Deal Announcement in The United States in 2021." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 15 Dec 2021, /statistics/914654/spac-highest-return-after-deal-usa/
Investopedia, Special purpose acquisition companies (SPACs) with highest return after deal announcement in the United States in 2021 ÌÇÐÄÆƽâ°æ, /statistics/914654/spac-highest-return-after-deal-usa/ (last visited July 21, 2026)
Special purpose acquisition companies (SPACs) with highest return after deal announcement in the United States in 2021 [Graph], Investopedia, December 15, 2021. [Online]. Available: /statistics/914654/spac-highest-return-after-deal-usa/
