I know this SPAC is managed by Michael Klein (Former Co-CEO of Citigroup Markets and Banking). A lot of people have a memory on him in relation to the merger of CCXX and Multiplan, where he allowed the PIPE investor to dump their share without a locking up period. In fact, these PIPE Investors are d…

[image] Lucid Motors to Go Public in Merger with Churchill Capital Corp IV,... /PRNewswire/ -- Lucid Motors ("Lucid"), which is setting new standards for sustainable mobility with its advanced luxury EVs, and Churchill Capital Corp IV... Well there’s the merger n…

I believe the current price of CCIV is highly effected by the market/sector rotation. It happens to almost tech stock since last week as the people are now rotating their money to recovery stocks such as Airlines, Banks, Cruises, Travel agents. Holiday bookers,

Price is crashing. Will end up in the 30s.

Price is crashing because of the valuation of the deal, at current price 40$ (AH) is 64B, and they haven’t sold a single car yet. I was in since 16$ (100 shares), sold 30 at 61, so got my initial investment + some profits, and planned to sell 20/30 more at merger if the price would have gone up. Now…

Well there’s a lock up for PIPE investors so I don’t know where you got your info from, you can read the news and yeah the stock dropped to 40$ in after hours trading but know that all EV stocks are bleeding right now lead by Tesla and as for lucid motors I think if their delivery this quarter is im…

Yes, I know about the PIPE, but previously there was a news saying about 12B valuation at 10$ per share, even at 50$ means a valuation of 60B for Lucid (Already high). Now with the deal and 24B at the PIPE offer price of 15$ a share means with 57$ at closing yesterday, Lucid’s valuation would be som…

Lucid Valuation should be something around NIO.

70/80B with no sales yet? :thinking:

Those who think that Lucid Motor is like Nikola (rolling the car down from the Hill) when CEO did the first tes back a few weeks. This new video will show that it is a real test on the car. [CEO Test Drive (NYC) | Lucid Air | Lucid Motors]

From what I’ve read and listened to they seem like they have a strong product. They’re on CNBC quite frequently and even David Fabre admires the car and he’s pretty hard to please. Does that justify the valuation? Absolutely not. I’ll be keeping an eye on it till it’s more sensible.

Your opinion on CCIV (Churchill Capital Corp IV) SPAC please

📊 Investing

Declan April 11, 2021, 8:53am 15

Not for me rather stick to a company that has produced vechiles for years Ford is my EV play

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Your opinion on CCIV (Churchill Capital Corp IV) SPAC please

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