Report: Electric-Car Maker Fisker Could Soon Go Public, Following Nikola's Lead

Electric-vehicle maker Fisker is in discussions to go public via a reverse merger with a special-purpose acquisition company, or SPAC, in a deal that would be modeled on the successful public-market debut of electric-truck start-up Nikola (NASDAQ: NKLA) last month, according to a new report. Reuters reports on Thursday that several SPACs, led by Spartan Energy Acquisition (NYSE: SPAQ) are bidding for Fisker. Nikola's shares have risen more than 70% since its merger with the SPAC VectoIQ Acquisition was finalized in early June.