Lucid Motors CEO discusses financial details of SPAC deal with Churchill Capital

Electric vehicle firm Lucid Motors plans to go public at an $11.75 billion combined equity valuation and $24 billion pro-forma equity value through a reverse merger with a blank-check company started by veteran investment banker Michael Klein. Lucid Motors CEO Peter Rawlinson joined "Squawk on the Street" to discuss the financial details of the deal. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

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