Why SPACs are booming in 2021
SPACs, which stands for special purpose acquisition company, are surging. From January to February, there have been $70 billion dollars in SPAC transactions. In 2020, there were $83 billion dollars total. Leslie Picker joins 'The News with Shepard Smith' to explain why SPACs are booming, including interest from Hollywood celebrities.
UP NEXT
NOW PLAYING: News
Why SPACs are booming in 2021
CNBC
UP NEXT
-
Travelers posts EPS beat for Q1, adds $5 billion to buyback program
CNBC
-
Where these strategists are finding opportunities in the market
-
J&J CFO on Q1 earnings beat, Covid vaccine pause in U.S.
-
IEA's Birol warns of 'a growing gap' between policymakers' climate promises and much needed action
-
Greene: IBM is undervalued, but it's never easy to turn around stock like this
-
Morgan Stanley: At this pace, we could vaccinate 75% of the eligible U.S. population in the next month or two
-
Klarna CEO on why the global payments industry is due for disruption
-
Wedbush's Dan Ives on what he expects from Apple's product launch event
-
Wedbush's Dan Ives expects Apple to lay out vision for Apple car this summer
-
Kunst: Every day the internet has a main character, and today it's decided that it's Dogecoin
-
PayPal's Venmo to allow users to buy, hold, sell cryptocurrency
-
CEO compensation held steady in 2020 despite Covid difficulties, report finds
-
Stone: We may be getting a little frothy here
-
The Pre-Markets Rundown: April 20, 2021
-
The VIX is being suppressed by 'Fed-induced courage': Citi
-
The Greens are not a single-issue party anymore, German lawmaker says
![image beacon](https://web.vortex.data.msn.com/collect/v1/t.gif?name=%27Ms.Webi.PageView%27&ver=%272.1%27&appId=%27JS%3AMSN%27&ext-app-env=%27prod%27&ext-javascript-libver=%274.0.0-beta-10%27&ext-user-localId=%27t%3A130CC843078A6B5F0FBCD85C06986ACB%27&*baseType=%27Ms.Content.PageView%27&*isJs=False&*title=%27%27&*isLoggedIn=False&*isManual=True&*serverImpressionGuid=%27dc9a7863-2781-49f4-b6ba-d3c6cc77d2d5%27&-ver=%271.0%27&-impressionGuid=%27dc9a7863-2781-49f4-b6ba-d3c6cc77d2d5%27&-pageName=%27channelplayerpage%27&-uri=%27https%253A%252F%252Fwww.msn.com%252Fen-us%252Fmoney%252Fnews%252Fwhy-spacs-are-booming-in-2021%252Fvp-BB1ei6HC%27&-referrerUri=%27%27&-pageTags=%27{"pg.t"%3A"video"%2C"pg.p"%3A"prime"%2C"pg.c"%3A""%2C"ex"%3A""%2C"rid"%3A"dc9a7863278149f4b6bad3c6cc77d2d5"%2C"clid"%3A"130CC843078A6B5F0FBCD85C06986ACB"%2C"clidType"%3A"muid"%2C"di"%3A"7290"%2C"partner"%3A"CNBC"%2C"publcat"%3A"CNBC%2BLLC"%2C"cvs"%3A"Browser"%2C"subcvs"%3A"finance"%2C"entityId"%3A"BB1ei6HC"%2C"entitySrc"%3A"vp"%2C"provid"%3A"AAnPvW"%2C"dpt"%3A"FinanceNews"%2C"sdpt"%3A""%2C"ar"%3A"0"%2C"dgk"%3A"downlevel.pc"%2C"imd"%3A"0"%2C"parentId"%3A""%2C"pgIdx"%3A""%2C"pgTot"%3A""%2C"anoncknm"%3A""%2C"afd"%3A""%2C"issso"%3A"0"%2C"aadState"%3A"0"}%27&-behavior=0&-market=%27en-us%27){kind=small}