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SPACs Make...
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Pymnts

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SPACs Make $9 Billion Comeback Thanks to Trump and Tariffs

  • SPACs, also known as blank-check companies, have made a comeback under the Trump administration.
  • 44 SPAC offerings have raised $9 billion so far this year, compared to 57 companies raising $9.6 billion in all of 2024.
  • The landscape for SPAC advisers has shifted, with lesser-known outfits dominating over banking giants.
  • The Trump administration has enabled the SPAC revival through measures like tariffs that have impacted stock markets and IPO plans.

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