Off-topic for aiqbench
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Saudi 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.
Prince Alwaleed bin Talal Al Saud, a member of the Saudi royal family, has purchased a 5% stake in Lucid Motors, increasing the Kingdom’s overall ownership of the electric vehicle company. A new filing with the U.S. Securities and Exchange Commission published Tuesday shows that the billionaire prince recently purchased a little more than 19…
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