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VinFast’s $65 Billion De-SPAC Valuation Vaults It Past Ford, General Motors

VinFast’s $65 Billion De-SPAC Valuation

Vinfast soared and registered its name in the race for the public limited company in its market capitalization rate beyond the margins of General motors co. You have to go through the details of it to have a better idea of it.

The market capitalization rate of Vinfast is beyond Ford Motors and General motors co. When the traders flipped the shares of the electric vehicle maker then, Vinfast soared high above its competitors.

The Vietnamese company has soared higher than its competitors over the past few years. You have to get through the complete picture to understand it better. After the shares soared on  Tuesday, the SPAC deal is worth about $85 billion.

Reasons For The Hike In Vinfast Share Prices

There are several reasons for the hike in the share prices of Vinafast, which is $65 billion. You need to get through the complete picture that can make things easier for you to attain your objectives with absolute clarity.

  • The SPAC deal with Vinfast is one of the leading causes of the rise in the prices of 270% from the SPAC IPO’s prices.
  • The deal will triple its value, which is $23 billion, and its equity value will double up in the years to come.
  • VinFast registers itself in the NASDAQ global select market to make things happen in your way when you want to attain your objectives with ease.

Hence, these are some of the core reasons Vinfast is growing faster than Ford and General Motors in the EV segment. You need the perfect idea to have a better idea in this regard. VFS is on a flurry of trading and volatility. You have to get things done in perfect order to get things done better. Its share prices are growing 225%, surging value in all possible ways to give investors the highest profit.

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Arnab

Arnab Das is a passionate blogger who loves to write on different niches like technologies, dating, finance, fashion, travel, and much more.

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