Crowdfunding campaign to buy Spirit Airlines takes off to the tune of $337 million

An ambitious content creator seeking to buy the now-defunct Spirit Airlines with a crowdfunding campaign has generated over $337 million in pledged funds so far.

Hunter Peterson, known for flying the budget carrier “24 hours straight” last year, started the grassroots campaign on the same day that Spirit shut down last weekend. He said he hoped people would rally behind his long-shot idea.

The concept would allow people who pledge at least $45, the average price of a one-way Spirit ticket, to own Spirit Airlines 2.0. Peterson calls it the “Green Bay Model” on his website. The viral 32-year-old TikToker took inspiration from the Green Bay Packers football team, the only publicly owned franchise in the NFL.

Peterson has been documenting progress on the idea to his social media followers in the week since Spirit collapsed. In one video, he said a law firm that specializes in aviation mergers and acquisitions told