Tag: Lucid Motors
Tech Digest daily round up: Tesla rival Lucid Motors to go public
Tesla rival Lucid Motors has agreed to go public by merging with blank-check firm Churchill Capital IV Corp in a deal that values the combined company at a pro-forma equity value of $24 billion. Lucid, which is run by an ex-Tesla engineer, is the latest firm to tap the initial public offering (IPO) market, with…