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Saudi Prince Alwaleed Buys ~5% Stake in Lucid for Over $120 Million

From:Internet Info Agency 2026-07-29 07:50:03

On July 28, Saudi royal family member Prince Al-Waleed bin Talal Al Saud filed regulatory documents disclosing that he recently acquired 19.5 million shares of Lucid, the U.S. electric vehicle manufacturer, representing approximately 5% of the company's total outstanding shares, in a transaction exceeding $120 million.

Editor:NewsAssistant