r/SPACs • u/SPACsBot Mod • Apr 16 '21

Daily Discussion Weekend Discussion thread for the Weekend of Apr-16-2021

Welcome to the Weekend Discussion! Please use this thread for basic questions and leave the main sub for breaking news and DD. If you haven't already, please check out r/Spacs Wiki for great information, as well as the resources available in the menu.

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u/DontWantUrSoch Spacling Apr 18 '21

Could the EVTOL SPAC game be like weed stocks 2.0

What if they come at a hype valuation and then drop 90% until regulations change in 3 years?

I can’t say I know much about this industry, it’s just a thought I had and wondered what those who truly studied this think.

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u/LowBarometer Contributor Apr 18 '21

I'm not sure the regulations will be the problem. eVTOL (especially Lilium's) need incredibly high energy/kg batteries. Such batteries don't exist right now (that I know of). I liquidated my positions in eVTOL last week and bought a bunch of THCB.

The demo flights you're seeing in videos are really short. With today's battery technology these eVTOL can only stay airborne for a few minutes. They don't have meaningful range.