MemberSeptember 13, 2021 at 2:51 pm
That’s a fun discussion. This will depend heavily on the date of the IPO, as well as how the market is valuing EV startups at that time. It will depend on how many deliveries have been made by that time and how many current reservations.
However, my guess is a $5 billion IPO valuation IF there is no prototype completed for a 4 wheel 5 passenger Aptera. If there is a solid prototype pre-IPO, I think about a $12 billion valuation, or possibly it being priced below that and quickly rising to that valuation in the market.
So, that’s $88-$211.20 per share, barring any kind of stock splits, etc.
Aptera should certainly have a higher valuation than Lucid Motors which was once at about $70 billion before the completion of the SPAC merger, and now at 32.47 billion, so 5-12 billion estimate is very conservative in comparison.
Fingers crossed 🤞