Swedish EV-maker Polestar reportedly preparing to go SPAC at $21B valuation – TechCrunch

Swedish electric vehicle maker Polestar is reportedly preparing to go public via special purpose acquisition with Gores Guggenheim Inc., reports the Wall Street Journal citing people familiar with the matter. The SPAC deal, which sources say could be reached by Monday, would value Polestar at $21 billion. Polestar falls under Volvo Car Group’s electric performance…