The Next Big Market Shift in SPAC Targets
One of the biggest emerging sectors in SPAC markets today? Data centers.
In this clip; Michael J. Blankenship and Delon Turner highlights how the rapid growth of AI and cloud infrastructure is reshaping capital markets.
Investors are increasingly evaluating opportunities based on future potential rather than current revenue.
Data center infrastructure is one example where land and location alone can create massive value because of growing demand from AI and cloud computing.
The capital markets are increasingly asking a single question:
What is the long-term potential of this company’s trajectory?
In many cases, that potential is driving deal activity across the SPAC market.
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The views, opinions, and statements expressed by the guest are solely their own and do not necessarily reflect the views of The SPAC Podcast, its hosts, or affiliated organizations. This content is for informational purposes only and should not be construed as investment, legal, tax, or accounting advice.
Michael J. Blankenship is a licensed attorney and is a partner at Winston & Strawn LLP. Joshua Wilson is a licensed Florida real estate broker and holds FINRA Series 79 and Series 63 licensure. The content of this podcast is intended for informational and educational purposes only and should not be interpreted as legal, financial, or compliance advice. The views and opinions expressed by the hosts and guests are their own and do not necessarily reflect the official policies or positions of any regulatory agency, law firm, employer, or organization.
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Let’s Connect on LinkedIn:
👉 Michael J. Blankenship - https://www.linkedin.com/in/mikeblankenship/
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Michael Blankenship: as more SPACs have entered in 2026. And what are the market movements there? What are potential for large kind of shifts? I know you mentioned tech and then early on, five years ago is FinTech. So
Delon Turner: I think the biggest market shift you see now is data centers. It is a phenomenon that I've never seen before.
You have these plots of land that has a, there's an intrinsic value there with no given revenue which is not seen before in the market space. But it but we always look at opportunity and potential. Potential is a huge word here. Where can that company grow? What is the trajectory?
Is it sustainable? Is there enough, what I call capacity in the market to take it on? And so I think the shift comes from something that's tangible at first to opportunity and then to potential. And you're gonna see that more with other SPACs as they enter the market. And look at companies that can scale.
You may not see it now, but with the liquidity event, could that happen? And I think you're gonna see a lot of sales and d dpac business combinations based off potential. I think that's where the market is shifting to now. What is the next big thing? We've seen it before why change it?