Money Talks

Why a SPAC Bubble Is Actually Good for the Economy

A boom in blank-check IPOs is setting off alarms, but they solve a very real problem for some companies

James Surowiecki
Marker
Published in
7 min readNov 30, 2020

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A graph trending upwards with a giant bubble floating beneath the arrow and pushing it up
Illustration: Pablo Delcan

Money Talks is a column that explores what happens when business, the economy, and culture collide.

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James Surowiecki
Marker
Writer for

I’m the author of The Wisdom of Crowds. I’ve been a business columnist for Slate and The New Yorker and written for a wide range of other publications.