Tesla rival Lucid Motors to go public in $24-billion mega SPAC deal

Tesla rival Lucid Motors to go public in $24-billion mega SPAC deal

3 years ago
Anonymous $rH7oE7DjRg

https://www.reuters.com/article/us-lucid-motors-m-a-klein/tesla-rival-lucid-motors-to-go-public-in-24-billion-mega-spac-deal-idUSKBN2AM2OH

Luxury electric vehicle maker Lucid Motors on Monday agreed to go public by merging with blank-check firm Churchill Capital IV Corp in a deal that valued the combined company at a pro-forma equity value of $24 billion.