🌱 The Survivors
The rare SPACs that actually worked. These are the exception, not the rule.
💡 Did You Know?
Only 9 out of 46 tracked SPACs have positive returns. That's a 19.6% success rate — worse than a coin flip.
Out of 1,493 SPAC IPOs, only a handful delivered real returns. For every DraftKings, there are dozens of Nikolas.
DraftKings
DKNG · Sports Betting
Market Cap
$22.0B
Return
+200.0%
SPAC Year: 2020
One of the biggest SPAC success stories
SoFi Technologies
SOFI · Fintech
Market Cap
$15.0B
Return
+50.0%
SPAC Year: 2021
Chamath SPAC, now a real bank
Rocket Lab
RKLB · Space
Market Cap
$12.0B
Return
+300.0%
SPAC Year: 2021
$500M+ revenue, actual rockets
Lucid Motors
LCID · EV
Market Cap
$8.0B
Return
-50.0%
SPAC Year: 2021
Saudi-backed, actually makes cars, lost $10B
Trump Media (DJT)
DJT · Media
Market Cap
$7.0B
Return
-30.0%
SPAC Year: 2024
DWAC SPAC, SEC investigation, politically driven
Opendoor
OPEN · Real Estate
Market Cap
$2.5B
Return
-60.0%
SPAC Year: 2020
Chamath SPAC, down from peak
Virgin Galactic
SPCE · Space
Market Cap
$1.5B
Return
-40.0%
SPAC Year: 2019
Chamath SPAC, peaked at $60B
Paysafe
PSFE · Fintech
Market Cap
$1.2B
Return
-70.0%
SPAC Year: 2021
Foley Trasimene SPAC
Blade Air Mobility
BLDE · Aviation
Market Cap
$800M
Return
-20.0%
SPAC Year: 2021
Urban air mobility