Luxury EV Maker Lucid Looks To Go Public Via A Spac -- Bloomberg -- January 11, 2021

On September 10, 2020, I posted a note about a new EV company: Lucid. At the link, scroll to the bottom of the post. 

Now, today, this from a reader: EV firm Lucid Motors in talks to go public via SPAC deal -- Bloomberg. Link here. Data points:

• could be valued up to $15 billion;
• the SPAC could be a merger with a blank-check firm backed by Michael Klein, a veteran Wall Street dealmaker;
• vehicle: Klein's Churchill Capital Corp IV
• Lucid says it has always been clear about its intent to go public;
• its first product: a luxury model the Lucid Air
• hopes to bring into production this spring, 2021

Comment: these SPACs make "Shark Tank" look trivial and amateurish.