Travel Helps to Fuel the Record-Setting $100 Billion in SPAC Deals Announced This Year

Special purpose acquisition companies, or SPACs, raised more money in the first part of 2021 than they have from any prior year. Ken Lund / Flickr

Skift Take: Travel companies increasingly looked to go public via SPACs this year, but the exuberance might be short-lived as a slowdown is likely in the U.S. Regulators are already looking into the explosion of activity.

— Cameron Sperance

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