diff --git a/common.gypi b/common.gypi
index 2e59636b1718f1..4fd333a45de84b 100644
--- a/common.gypi
+++ b/common.gypi
@@ -39,7 +39,7 @@
 
     # Reset this number to 0 on major V8 upgrades.
     # Increment by one for each non-official patch applied to deps/v8.
-    'v8_embedder_string': '-node.20',
+    'v8_embedder_string': '-node.21',
 
     ##### V8 defaults for Node.js #####
 
diff --git a/deps/v8/src/heap/factory.cc b/deps/v8/src/heap/factory.cc
index 721682f00f26de..7e434ea041866f 100644
--- a/deps/v8/src/heap/factory.cc
+++ b/deps/v8/src/heap/factory.cc
@@ -3070,20 +3070,22 @@ Handle<SyntheticModule> Factory::NewSyntheticModule(
     Handle<String> module_name, Handle<FixedArray> export_names,
     v8::Module::SyntheticModuleEvaluationSteps evaluation_steps) {
   ReadOnlyRoots roots(isolate());
-  Handle<SyntheticModule> module(
-      SyntheticModule::cast(New(synthetic_module_map(), AllocationType::kOld)),
-      isolate());
+
   Handle<ObjectHashTable> exports =
       ObjectHashTable::New(isolate(), static_cast<int>(export_names->length()));
   Handle<Foreign> evaluation_steps_foreign =
       NewForeign(reinterpret_cast<i::Address>(evaluation_steps));
-  module->set_exports(*exports);
+
+  Handle<SyntheticModule> module(
+      SyntheticModule::cast(New(synthetic_module_map(), AllocationType::kOld)),
+      isolate());
   module->set_hash(isolate()->GenerateIdentityHash(Smi::kMaxValue));
   module->set_module_namespace(roots.undefined_value());
   module->set_status(Module::kUninstantiated);
   module->set_exception(roots.the_hole_value());
   module->set_name(*module_name);
   module->set_export_names(*export_names);
+  module->set_exports(*exports);
   module->set_evaluation_steps(*evaluation_steps_foreign);
   return module;
 }
diff --git a/deps/v8/test/cctest/test-api.cc b/deps/v8/test/cctest/test-api.cc
index 12faaff39cbfcb..bafdd6ce3b7194 100644
--- a/deps/v8/test/cctest/test-api.cc
+++ b/deps/v8/test/cctest/test-api.cc
@@ -23918,6 +23918,31 @@ TEST(CreateSyntheticModule) {
   CHECK_EQ(i_module->status(), i::Module::kInstantiated);
 }
 
+TEST(CreateSyntheticModuleGC) {
+  // Try to make sure that CreateSyntheticModule() deals well with a GC
+  // happening during its execution.
+  i::FLAG_gc_interval = 10;
+  i::FLAG_inline_new = false;
+
+  LocalContext env;
+  v8::Isolate* isolate = env->GetIsolate();
+  v8::Isolate::Scope iscope(isolate);
+  v8::HandleScope scope(isolate);
+  v8::Local<v8::Context> context = v8::Context::New(isolate);
+  v8::Context::Scope cscope(context);
+
+  std::vector<v8::Local<v8::String>> export_names{v8_str("default")};
+  v8::Local<v8::String> module_name =
+      v8_str("CreateSyntheticModule-TestSyntheticModuleGC");
+
+  for (int i = 0; i < 200; i++) {
+    Local<Module> module = v8::Module::CreateSyntheticModule(
+        isolate, module_name, export_names,
+        UnexpectedSyntheticModuleEvaluationStepsCallback);
+    USE(module);
+  }
+}
+
 TEST(SyntheticModuleSetExports) {
   LocalContext env;
   v8::Isolate* isolate = env->GetIsolate();