Lucid Motors remain in the SPAC spotlight and merger delays weigh down CCIV stock

Описание к видео Lucid Motors remain in the SPAC spotlight and merger delays weigh down CCIV stock

Churchill Capital IV (NYSE:CCIV) and electric vehicle maker Lucid Motors remain in the SPAC spotlight , even as merger delays weigh down CCIV stock. In fact, although CCIV shares are down for the day, a potential ray of hope comes from one CNBC interview.

Public Investment Fund Governor Yasir Al-Rumayyan went on CNBC to share how the PIF will reach $1 trillion in assets under management by 2025. As part of the interview, he touched on different investment strategies, including PIF investments in the U.S. and other countries.

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