Lucid Motors arrives on the stock market

The small American brand, which has developed the Air sedan, arrives on the stock market after an introduction valued at 24 billion dollars.Without having ever produced a single car.

We can never recall enough: market capitalization is not only linked to the performance of a company.It also represents the craze it can arouse from investors on future projects announced.This explains in particular the valuation of a Tesla in the face of its car rivals, while the Californian brand is far from reaching their profitability.

And this is also what explains the $ 24 billion in valuation of Lucid Motors, the very small American brand that has already unveiled the Air electric sedan.Lucid has not delivered any car and has not yet a very solid roadmap, but its IPO (Ipoting the stock market) was still an event up to the madness which surrounds certain automobile start-ups these lattertime.

Lucid plans to launch the Air sedan in 2021 then a SUV in 2023.The fellowship is done in the format "Special Purpose Acquisition Company", which allows a company to break into a market to raise funds on projects for the future.

2021 seems in any case to be the year of IPOs with rumors circulating around Rivian and Porsche.