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Billionaire and Celebrity Endorsements Lure Retail Investors to the SPAC Craze

Once the domain of investment bankers, blank-check firms have become something even people who aren’t avid stock traders are talking about.

Video player cover image — Wall Street and the SPAC Craze in 50 Seconds

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March 10, 2021, 12:00 PM UTCUpdated onMarch 10, 2021, 4:29 PM UTC

These days it seems everyone and their mother is investing in SPACs.

For Joe Kunkle, that’s literally the case.