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EN · July 28, 2026

Saudi prince acquires 5% stake in Lucid Motors

A Saudi prince has bought a 5% stake in electric-vehicle maker Lucid Motors amid speculation about a possible take-private transaction that the company has denied.

ADDISMIZAN NEWSROOMUpdated July 28, 2026
Saudi prince buys 5% stake in Lucid Motors
Saudi prince buys 5% stake in Lucid Motors

A Saudi prince has acquired a 5% stake in electric-vehicle maker Lucid Motors, according to a report published on July 28, 2026.

The investment comes amid market speculation that Saudi Arabia could seek to take Lucid private. Lucid has denied that possibility, according to the source report.

The disclosed stake adds to attention around Saudi investment in the electric-vehicle company. The available source record did not state the purchase price or identify any change in Lucid’s management or operating plans.

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