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De-SPACs Aren t as Bad as You Think SPACs and De-SPACs continue to get a bad rap as media points to % off all-time highs. Investors who look deeper will see opportunity as most are providing positive returns since IPO. Author: The Media Paints a Bleaker Picture than Reality Axios put out a bit today discussing how EV stocks have lost their luster. Yes, it s true, that SPAC EV stocks are down demonstrably from their ridiculous highs. SPACs were frothy, and the highs that these companies hit were a product of a combination of Peak SPAC and EV euphoria, and not necessarily rational market behavior.

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