Automotive

The Porsche IPO And What To Know

Riddle me this - How do you get people to invest in the electric future of Volkswagen, but not feel like they are investing in the electric future of Volkswagen?
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The Porsche IPO And What To Know

🚅Undeterred by *points at everything*, Volkswagen is pushing forward with plans to take the Porsche brand public. 

📈VW will use the proceeds from the IPO to build EVs. The company has planned $88.4B in EV development over the next five years. 

🤑The Porsche IPO will be one of Europe's biggest ever at $10.4B. 

📉The usual suspects of risks have kept similar deals at a snail's pace, but VW is testing how much fortune favors the bold amid 2022's unique set of challenges. Leadership at the company says only major geopolitical problems will stop the deal.

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