Lordstown Motors (LEX, RIDE) and BlackRock (BLK) have had a short intense relationship which ended badly. One could ascribe pure business / finance reasons for the calamitous end of the relationship, but there are other dynamics as well.  You decide; BLK  did sink the LEX share price at a critical point in time  - That is certainly true - if you put your tinfoil hat on you may ask what is going on here? A thought exercise for this business case study…

This is a link to my previous video on this relationship: 

Lordstown Motors & Black Rock | New SEC Filing https://youtu.be/5VSMKZNk8

This is a link to a video from Stoic Finance just released with some interesting commentary on political ramifications: https://youtu.be/JzuMZpxzgK0

It may be important to note that April 21  2023 (Reuters) - BlackRock Inc (BLK.N) Chief Executive Officer Larry Fink sold nearly 7% of his stake in the asset management giant, netting proceeds of about $25 million.

Good luck in the market - MXUX

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Disclaimer Please Read and Note: $RIDE (Lordstown Motors) is a high risk/risk on investment - please know and understand the risk associated with this security - do your own due diligence - presented materials are  not a recommendation to buy, sell or hold any security. Not an engineer, accountant, lawyer or financial advisor. This is not financial advice. Do not buy, sell or hold securities based on this information. This is a business case study. Please do your own DD and confirm the presented material to your own satisfaction.

Lordstown Motors & Blackrock end relationship - with critical timing and critical results. #mxux #ride stock #blk #lex