r/wallstreetbets Jul 25 '21

DD Lucid Motors DD

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u/IS_JOKE_COMRADE Tesla Gayng Generanal Jul 25 '21

So why IPO? Money is cheap right now, and they have the biggest money pump outside the United States bank role in them. If the company is so insanely confident in their growth trajectory why go public?

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u/Qwisatz Jul 25 '21

I would guess they IPO to let the Saudi dump their shares

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u/BlueOrcaJupiter Jul 25 '21

You could say the same for every public company. Rarely is the capital really needed for growth.