[mrorbitman]

No I don't think so. A ~$37 price tag for CCIV would translate to ~$60B Lucid valuation. I'll buy in if it gets close to that tomorrow (I expect it will)

https://www.youtube.com/watch?v=NR76ObYeGkw

[Negitivefrags]

I think maybe I got the NAV wrong due to this PIPE thing that they are getting extra capital from.

But with your math then the people buying at $55 bought in at a 90b valuation?

That's still a lot higher than the 24B in this news headline.