Reactive spinning of nano- and microfibers that involves very fast chemical reactions and ion exchange is a challenge for the common methods for nanofiber formation. Herein, we introduce the reactive magnetospinning method. This procedure is based on the magnetic-field-directed collision of ferrofluid droplets with liquid droplets that contain complementary reactants. The collision, start of the chemical reaction, and the fiber drawing are self-synchronized. The method is used to synthesize, cross-link, and chemically modify fiber-forming polymers in the stage of fiber formation. The method provides new opportunities for the fabrication of nanofibers for biomedical applications.