Lucid Motors Is Said to Near Deal to List Via Klein’s SPAC Bloomberg 2/22/2021 Crystal Tse, Ed Ludlow and Dinesh Nair (Bloomberg) -- Lucid Motors Inc. is nearing a deal to go public through a merger with a blank-check company started by investment banker Michael Klein that could be announced early this week, according to people familiar with the matter. Popular Searches The combined entity will be valued at as much as $15 billion, the people said, asking not to be identified because the matter is private. Churchill Capital Corp IV, the special purpose acquisition company, pared a gain of as much as 19% to trade 12% higher at $59.39 at 10:19 a.m. Monday in New York.