Lucid Motors' $24 billion blank-check deal sparks bubble concerns
https://www.reuters.com/article/us-lucid-motors-m-a-klein-stocks/lucid-motors-24-billion-blank-check-deal-sparks-bubble-concerns-idUSKBN2AN1RR
Electric vehicle sensation Lucid Motors has set the market alight this week with a $24 billion blank check deal to list in New York, but it has also sparked concerns among some investors of a short circuit in the valuation of electric vehicle makers.
Lucid Motors' $24 billion blank-check deal sparks bubble concerns
Feb 23, 2021, 4:58pm UTC
https://www.reuters.com/article/us-lucid-motors-m-a-klein-stocks/lucid-motors-24-billion-blank-check-deal-sparks-bubble-concerns-idUSKBN2AN1RR
>Electric vehicle sensation Lucid Motors has set the market alight this week with a $24 billion blank check deal to list in New York, but it has also sparked concerns among some investors of a short circuit in the valuation of electric vehicle makers.