Kingdom Holding Co. 4280
TADAWUL · Saudi Arabia · Finance
SAR 13.47+0.01 (+0.07%)
Market closed· · SAR · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market closed· · SAR · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
A Saudi Prince Bought 5% Of Lucid, And Lucid Didn't Get A Cent Of It Here's the part that got lost in a 20-plus-percent single-day move: nobody handed Lucid any money this week. On July 28, Prince Alwaleed bin Talal bin Abdulaziz Alsaud filed a Schedule 13G reporting beneficial ownership of 19,513,000 shares of Lucid Group Class A common stock. Against the 390,256,808 shares outstanding as of April 29, that works out to exactly 5.00% — sole voting power, sole dispositive power, no shared anythin
Saudi billionaire Prince Alwaleed bin Talal has picked many winners in his career, but outside investors in his holding company haven’t benefited.
SpaceX’s IPO filing last week didn’t disclose details about regional investors, but even a 1% holding is set to be worth around $15 billion.
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