VC money valuation at $3.3B results in $100 price per share

13 May 2020

Private VC money valuation for Nikola Motors at $3.3 Billion should result in a price per share of $100 after the merger. (With 29.64M shares outstanding, at a 3.3B valuation given by ValueAct Capital and Fidelity, this comes out to $110 per share)

13 May 2020

Not

Private money valuations are sometimes inflated, but even if it were to be 50% of the VC valuation this would put the price per share around $50

15 May 2020

Not

I did not take into account VTIQW and due to this... VTIQ is extremely overpriced.

15 May 2020

Not

by a factor of 3