Lead Story
Jul 28, 2026
Saudi Prince Alwaleed Discloses 5% Lucid Stake, Shares Jump 25%
Saudi Prince Alwaleed bin Talal has disclosed a passive 5% stake in Lucid Group, signaling continued Saudi confidence in the EV maker. Shares surged as much as 25% following the filing, despite the stake being a technical formality rather than an activist move.
Priya Sharma