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You are here: Home / EV maker Lucid announces $3 billion raise from Saudi public wealth fund and stock offering

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

May 31, 2023 by US Top News and Analysis

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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