EV maker Lucid Motors is said to be discussing going public via a Michael Klein- backed SPAC. The deal would be worth $15 billion. Post the news, shares of the SPAC, Churchill Capital IV jumped 40%, closing at $13.2 Monday.
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EV maker Lucid Motors is said to be discussing going public via a Michael Klein- backed SPAC. The deal would be worth $15 billion. Post the news, shares of the SPAC, Churchill Capital IV jumped 40%, closing at $13.2 Monday.