Aptera › Community › Aptera Discussions › Shareholders, we need to go public through IPO or SPAC. › Reply To: Shareholders, we need to go public through IPO or SPAC.
MemberAugust 16, 2021 at 3:17 pm
I haven’t talked to a single person who had already heard of Aptera before I mentioned it. With Lucid Motors they’ve already spent a lot of money on advertising their inferior product, more people know about it because of that.
If Aptera goes public in 2023, the media coverage will be strong because a production vehicle will have been turning heads for over a year at that point, so it should IPO at over $5 billion valuation and not get overlooked by people who don’t know a thing about the company. Investors get excited when a company that’s a household name is about to go public, after the hype is already built. If you go public first and then build the hype that’s psychologically more boring to investors and the market cap would have to start out lower to garner interest.