Lucid Motors Debuts on the Nasdaq and Raises $4.4 Billion as its Looks to Take on Tesla

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Lucid Motors Debuts on the Nasdaq and Raises $4.4 Billion as its Looks to Take on Tesla

​California-based luxury electric vehicle startup Lucid Motors launched its U.S. IPO on Monday after completing the previously announced merger with special purpose acquisition company (SPAC) Churchill Capital Corp IV on July 23, 2021. The combined company will now operate as “Lucid Group, Inc.” Lucid is one of the most talked about electric vehicle startups since Tesla went public in June 2010.

Lucid Motors Debuts on the Nasdaq and Raises $4.4 Billion as its Looks to Take on Tesla

2021-07-27 11:03

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