LUCID MOTORS MASSIVE NEWS - MERGER Going Through? - CCIV Stock Price Prediction

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SO LUCID MOTORS has been very talked about these past days AND WE ARE ALL WAITING EAGERLY to see whether they WILL BE GOING PUBLIC through a reverse merges with Churchill Capital or CCIV. T

Now we have gotten some more news about WHETHER this merger will happen and I want to go through all the SIGNS THAT THIS IS IN FACT HAPPENING, which by the way would make this stock DOUBLE OR TRIPLE JUST LIKE THAT.

I will end this video with giving you my own approach to this investment and also what prices I can see CCIV stock getting to if THE MERGER WITH LUCID MOTORS DOES HAPPEN, so stay tuned guys.

So to give a quick backstory Lucid Motors is just an awesome, promising company in my opinion with former Tesla executives working there. They have a very advanced technology and have progressed quite far when it comes to the scaling and manufacturing progress, just last month completing the construction of their 700 million dollar factory in Arizona to really ramp up production. With the initial capacity to deliver 30 000 vehicles in 2021 and much higher in the next years JUST IMAGINE HOW MUCH CONFIDENCE this company has that they will be making tons of sales this year.

But guys until now, they have BEEN PRIVATE but we are at this POINT SURE THAT THEY will be going public. They have even sent out Job requests to hire investor relations staff and also an SEC reporting manager, STUFF YOU ONLY NEED TO DO if you ARE A PLANNING TO BECOME A PUBLIC COMPANY.

With this established THERE ARE A PLETHORA OF SIGNS that they will be going public with a so called special purpose acquisition company such as Churchill Capital. These guys basically mergr with Lucid Motors and since THEY ARE A PUBLICLY TRADED COMPANY, that will make LUCID ALSO A PUBLICLY TRADED COMPANY.

This is a QUITE TIME EFFICIENT way to go public since most of the work has already been done by Churchill capital. When people started thinking that this merger would happen CCIV stock went from 10 dollars a share all the way up 18 dollars a share because obviously people think Lucid Motors should be worth alot of money AND IF THE EMRGER WILL HAPPEN THAT means that they are essentially BUYING stock in LUCID!

SO Why do we think that THIS merger will happen in the first place? There are a bunch of reasons with the last news being VERY VERY RECENT. The first one that started it all was Bloomberg WHO REPORTED that the founder of churchill capital MICHAEL KLEIN, IS IN TALKS with Lucid Motors to TAKE THEM PUBLIC, pretty much.

And as you can imagine Bloomberg is not one to RANDOMLY SPIT OUT things that might be wrong. In these SPAC cases, they are probably right around 90% of the time, so just that is strong evidence in my opinion. But aside from this they are just WAY TO MANY CONNECTIONS TO BE FOUND, and even another private independent source that I will get into last.

But guys these connections begin with Saudi Arabia. Saudia Arabias public investment fund owns MORE THAN HALF OF LUCID MOTORS as they bought more than a billion dollars worth of shares back in 2018. But wait, guess WHO IS AN IMPORTANT ADVISER TO THIS PUBLIC INVESTMENT FUND, THATS RIGHT, FOUNDER OF CHURCHILL CAPITAL, MICHAEL KLEIN HIMSELF

Видео LUCID MOTORS MASSIVE NEWS - MERGER Going Through? - CCIV Stock Price Prediction канала Financial Dragon