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