Over the past year, SPACs have had a dizzying rise, but now appear to be hitting some speed bumps. We talk through the rise and fall, and home in on where the alt-IPO method stands now.

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Custom music by Davis Jones.

This podcast was created on behalf of Fidelity Investments by the Morning Brew Creative Studio, and does not reflect the opinions or point of view of the Morning Brew editorial team. Sources are provided for informational and reference purposes only. They are not an endorsement of Fidelity Investments or Fidelity Investments’ products.