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Uber (UBER) now owns 11.5% of Lucid (LCID): it gets interesting

Electrek

A new SEC filing reveals that Uber Technologies has become a major shareholder of Lucid Group, holding 37.7 million shares of Class A common stock — an 11.5% ownership stake that makes the ride-hailing giant one of Lucid’s largest investors outside the Saudi Public Investment Fund. Read more…

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