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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.

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