$40 per share.
The offering is priced at $40 per share, well below the $60 plus levels, the stock was trading around on Monday.
When did QuantumScape stock go public?
The company went public on Dec. 9 and has the backing of Ford and BMW. Other companies working on solid-state batteries include Hyundai and Samsung. QuantumScape is backed by Volkswagen (OTC:VWAGY), which has invested $300 million in the company so far.
Did Bill Gates invest in QuantumScape?
QantumScape was founded in 2010 by Singh and backed early by Microsoft founder Bill Gates and auto giant Volkswagen. Both continue to be investors in QuantumScape.
Why has QuantumScape stock dropped?
What happened. The stock of QuantumScape ( QS -6.11% ) crashed 23% in December, according to data provided by S&P Global Market Intelligence. Shares of the electric-vehicle (EV) battery start-up were roaring until mid-November when valuation and macroeconomic concerns put the brakes on the rally.
How did QuantumScape go public?
QuantumScape went public on the New York Stock Exchange on Friday, November 27 through a special purpose acquisition company (SPAC) merger. The merger was done with Kensington Capital Acquisition Corp. (NYSE: KCAC). Kensington Capital Acquisition was founded by Justin Mirro.
Why did QuantumScape stock go up?
Shares of the EV battery technology company had shot up 23.6% this week as of 1:30 p.m. EST Friday, according to data from S&P Global Market Intelligence. The passage of a long-awaited infrastructure bill and growth moves from QuantumScape this week powered the stock higher.
Is QuantumScape overvalued?
QuantumScape Stock Remains Overvalued Despite Morgan Stanley Downgrade. QuantumScape (NYSE:QS) has the potential to lead the electric vehicle (EV) revolution due to its solid-state battery technology. That potential has fueled a 87% gain in the QS stock price over the last 12 months.
Who is QuantumScape backed by?
Bill Gates
The company got listed on the New York Stock Exchange as a Special Purpose Acquisition Company (SPAC) on November 27, 2020 and rose exponentially (roughly 283 percent) by the end of the year. The solid-state lithium battery startup has been backed by Bill Gates and Volkswagen.
Can I buy QuantumScape stock?
, you can buy QuantumScape stock in any dollar amount, or any other fund or stock you know on Stash.
Who are the biggest investors in QuantumScape?
Top 10 Owners of Quantumscape Corp
| Stockholder | Stake | Total value ($) |
|---|---|---|
| The Vanguard Group, Inc. | 5.08% | 285,530,200 |
| BlackRock Fund Advisors | 2.45% | 137,684,722 |
| Norges Bank Investment Management | 1.93% | 108,485,000 |
| Global X Management Co. LLC | 1.35% | 75,671,926 |
Is QuantumScape in an ETF?
QuantumScape is a development stage company.
QS Description — QuantumScape Corp.
| Company Name: | QuantumScape Corp |
|---|---|
| % of Market Cap. Held by ETFs: | 5.87% |
Who uses QuantumScape batteries?
QuantumScape is an American company that does research about solid state lithium metal batteries for electric cars. The company is headquartered in San Jose, California and employs around 400 people.
Automotive Brands.
| Acura | Alfa Romeo | Aston |
|---|---|---|
| Ram | Rivian | Smart |
| Subaru | Tesla | Toyota |
| Volkswagen | Volvo |
What is QuantumScape?
Quantumscape achieves solid-state batteries that can fast charge in 15 minutes through 400 consecutive cycles. Scooter Doll. @SCOOTERDOLL. QuantumScape ($QS) is a solid-state battery manufacturer founded in 2010 with the goal of developing scalable, effective solid-state batteries.
How much cash is QuantumScape?
Compare QS With Other Stocks
| QuantumScape Annual Cash on Hand (Millions of US $) | |
|---|---|
| 2020 | $998 |
| 2019 | $130 |
Is QuantumScape private?
EV Battery Maker QuantumScape Just Went Public.
What is the most promising battery technology?
A sodium-sulfur battery created by engineers at The University of Texas at Austin solves one of the biggest hurdles that has held back the technology as a commercially viable alternative to the ubiquitous lithium-ion batteries that power everything from smartphones to electric vehicles.
Is QuantumScape a good company to work for?
Is Quantumscape a good company to work for? Quantumscape has an overall rating of 4 out of 5, based on over 10 reviews left anonymously by employees. 67% of employees would recommend working at Quantumscape to a friend and 72% have a positive outlook for the business.
Is QuantumScape battery real?
QuantumScape (QS) is a technology company that is developing solid-state batteries for electrical vehicles. Solid-state battery technology can potentially address several key issues of current lithium ion batteries: safety hazards, long charging times, and short battery lifespans.
Is QuantumScape a generating revenue?
QuantumScape has no revenue yet, but it expects to generate $14 million of revenue in FY 2024 and then explode this growth to a massive $6.4 billion of revenue in FY 2028.
Are QuantumScape batteries good?
According to QuantumScape, its solid-state batteries can deliver up to 80% further driving range than traditional lithium-ion batteries. They retain over 80% capacity after 800 charge cycles, so they last longer before requiring replacement. They were tested in a wide range of temperatures, down to -30 degrees Celsius.
Who is the CEO of QuantumScape?
CEO Jagdeep Singh
Quantumscape CEO Jagdeep Singh Aims For A $2.3 Billion Payoff.