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Re: None

Tuesday, 06/23/2020 8:15:26 PM

Tuesday, June 23, 2020 8:15:26 PM

Post# of 1208
SHLL Valuation: Nikola expects to make $3.2 billion in revenue in 2024, therefore Nikola is trading around 7.5x 2024 revenues. If we value Hyliion with the same at metric (7.5x 2024 revenues) then the company should trade at about a $16 billion market cap. With 161.6 million shares outstanding of Hyliion stock, that would give a value of roughly $100 / share.
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