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How to buy Lucid Motors stock when it goes public

Here's everything we know so far about the Lucid Motors IPO.

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Dawn Daniels
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Lucid Motors, an electric vehicle maker, is expected to go public via a merger with a special purpose acquisition company. We will update this page as new information is available.

What we know about the Lucid Motors IPO

Electric vehicle company Lucid Motors is planning to go public through a merger with a special purpose acquisition company (SPAC), also known as a blank check company. SPACs are companies with no commercial operations that exist purely to raise capital through IPOs. No date has been announced yet.

The SPAC, Churchill Capital Corporation IV, originally went public in October 2020, and the company's stock is currently trading on the New York Stock Exchange under the ticker symbol "CCIV."

How to buy shares in Lucid Motors when it goes public

Once Lucid Motors goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.

How do similar companies perform?

It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like Lucid Motors can be useful in determining how the market is performing and whether now is a good time to invest in this industry. Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.

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