# Saudi Prince Alwaleed takes 5% Lucid (LCID) stake, stock jumps 25%

> Saudi billionaire Prince Alwaleed bin Talal has disclosed a 5% stake in Lucid Group, and the market read it as a fresh vote of Saudi confidence in the cash-strapped EV maker.

- **Source:** [Electrek](https://electrek.co/2026/07/28/saudi-prince-alwaleed-5-percent-lucid-stake-lcid/?utm_source=gearopen.com&utm_medium=referral&utm_campaign=feed&utm_content=6a68f40be3c5337c50f5b192)
- **Published:** 2026-07-28
- **Category:** Cars
- **Tags:** #ev
- **Canonical:** http://localhost:4321/a/6a68f40be3c5337c50f5b192

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_GearOpen's distilled summary. The full original article is published at Electrek (source link above); GearOpen does not republish the source's full text._