Global initial public offerings had the best year on record in 2021, especially those in the United States, with an abundance of liquidity and favorable monetary policies that have resulted in high company valuations and a special purpose acquisition (SPAC) boom.
About 2,850 businesses and SPAC companies have raised more than $600 billion in IPOs according to data compiled by Bloomberg, smashing the record of $420 billion set back in 2007 before the financial crisis.
