Interesting information regarding Lucid’s valuations other than raw value on hand (Apple News has the article not behind a paywall as a note):
Polestar, the electric vehicle maker being spun out of Volvo Car (ticker: VOLCARB.Sweden), should begin trading on Friday with a huge enterprise value. Polestar agreed to merge with a special purpose acquisition company, or SPAC, Gores Guggenheim (GGPI) back in September 2021. Now the merger...
Polestar, the electric-vehicle unit of Volvo Car, should begin trading under a new stock symbol this week if the SPAC merger is approved by shareholders.