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Polestar will be going public through the SPAC Gores Guggenheim.
Investors can use Lucid's go-public event as a blueprint for GGPI's near term trading potential.
Fundamentally, GGPI looks to be at least two times undervalued compared to Lucid and Rivian.
The comparison of Polestar to NIO or other Chinese EV makers is not apt. Polestar already has an international presence and the stock isn't structured as a VIE.
I believe that the stock - either as GGPI or PSNY post-merger - can hit $20 within four months.