EVe Mobility SPAC May Want to Find the Next Lucid, Tesla or Uber

EVe Mobility Acquisition might want to find the next Tesla (TSLA) – Get Tesla Inc Report, Lucid (LCID) – Get Lucid Group, Inc. Report, or Uber (UBER) – Get Uber Technologies, Inc. Report.

That’s not directly how the company’s management phrases its goals, but EVe is about to raise money as a special purpose acquisition company, or SPAC. 

That’ll give it cash to find the next EV superstar or to invest in another transportation-related company that might become the next big thing.

A blank-check company seeking to merge with a transportation-related business, EVe Mobility Acquisition EVE, has priced an initial public offering of 22 million units at $10.

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