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EV maker Lucid announces  billion raise from Saudi public wealth fund and stock offering
Finance

EV maker Lucid announces $3 billion raise from Saudi public wealth fund and stock offering

May 31, 2023 admin-dominor



Lucid is raising $3 billion via a secondary stock offering, including about $1.8 billion from the Saudi fund that controls the automaker.



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  • Saudi crown prince congratulates President Erdogan on reelection victory
  • Toyota adds $2.1B to its US battery factory expansion plans

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