Lucid Motors prepares to go public thanks to Saudi money and SPAC mania

Lucid Motors prepares to go public thanks to Saudi money and SPAC mania

Los Angeles Times
January 22, 2021, 5:09 am
Lucid Motors was near death and desperate for cash in 2018 when it was handed a lifeline. The savior was Saudi Arabia. The desert kingdom’s sovereign wealth fund invested $1.3 billion in the ...