Saudi prince buys 5% stake in Lucid Motors
2 sources·Updated July 28, 2026
Covered by 2 sources
- Forbes Business·6h agoLucid Motors Shares Skyrocket 20% After Billionaire Saudi Prince Discloses $150 Million Stake
The electric vehicle manufacturer recently denied reports of bankruptcy.
Read at Forbes Business → - TechCrunch·8h agoSaudi prince buys 5% stake in Lucid Motors
The investment comes after speculation that Saudi Arabia may take Lucid Motors private -- which the EV maker has denied.
Read at TechCrunch →
