📊 Sectors

Every sector. Every loss. Color-coded by destruction.

💡 Did You Know?

Every single SPAC sector has a negative average return. Even the 'best' performing sectors lost investors money on average.

Cannabis

-98.0%

avg return

8 companies3 bankruptcies

Notable: Tilray SPAC, Greenland Acq

Mobility/Micromobility

-92.0%

avg return

4 companies2 bankruptcies

Notable: Bird Global

AgTech

-90.0%

avg return

4 companies2 bankruptcies

Notable: AppHarvest

Electric Vehicles

-88.0%

avg return

25 companies10 bankruptcies

Notable: Nikola, Lordstown, Fisker, Canoo, Proterra, ELMS, Lion Electric

Space/Aerospace

-85.0%

avg return

8 companies2 bankruptcies

Notable: Virgin Orbit, Astra

Survivor: Rocket Lab

Autonomous/Self-Driving

-82.0%

avg return

6 companies2 bankruptcies

Notable: Embark, Aurora (struggling)

Crypto/Blockchain

-71.0%

avg return

5 companies1 bankruptcies

Notable: Circle (delayed)

Real Estate/PropTech

-70.0%

avg return

10 companies2 bankruptcies

Notable: WeWork

Energy Storage

-65.0%

avg return

6 companies1 bankruptcies

Notable: Eos Energy

Cybersecurity

-60.0%

avg return

5 companies1 bankruptcies

Notable: IronNet

Fintech

-55.0%

avg return

15 companies2 bankruptcies

Notable: SoFi (recovered)

Media/Entertainment

-50.0%

avg return

8 companies1 bankruptcies

Notable: BuzzFeed SPAC, Beachbody

Healthcare/Biotech

-45.0%

avg return

12 companies1 bankruptcies

Notable: 23andMe, Clover Health

Software/SaaS

-40.0%

avg return

15 companies2 bankruptcies

Notable: Near Intelligence

Sports Betting/Gaming

-10.0%

avg return

5 companies0 bankruptcies

Survivor: DraftKings

Browse all SPACs by sector →

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All SPACs

Browse the full database

Rankings

SPACs ranked by losses

Destruction Index

Measuring the damage

Analysis

Deep-dive articles