Lucid’s IPO has helped triple the value of US stocks held by Saudi Arabia’s sovereign wealth fund, according to its latest 13F filing with the SEC.The Public Investment Fund’s (PIF) holdings of electric carmaker Lucid stock totalled US$25.8 billion at end-September, representing 59% of its total US public equities and...
Lucid’s IPO has helped triple the value of US stocks held by Saudi Arabia’s sovereign wealth fund, according to its latest 13F filing with the SEC.The Public Investment Fund’s (PIF) holdings of electric carmaker Lucid stock totalled US$25.8 billion at end-September, representing 59% of its total US public equities and...