🚅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.