๐ข ๐๐๐๐ ๐๐: $PLTR Palantir Acquires 8.7% Stake in EV Startup $FFIF Faraday Future Amid Financial Struggles https://t.co/FSodnBCwCM
How Palantir Became The S&Pโs Most Expensive StockโAnd Earned CEO Alex Karp A Spot On The Forbes 400 https://t.co/90bruHP2NA #Forbes400
Palantir now owns nearly 9% of EV startup Faraday Future โ hereโs why: Palantir now owns 8.7% of struggling electric vehicle startup Faraday Future, according to a new filing with the U.S. Securities and Exchange Commission. Theโฆ https://t.co/yJXXUz82SC #AI #AInews #AItips
Palantir Technologies has recently made significant strides in the market, with its stock hitting new highs. The company has invested in the electric vehicle (EV) sector by acquiring an 8.7% stake in Faraday Future, a struggling EV startup, according to a new filing with the U.S. Securities and Exchange Commission. This move is part of Palantir's broader strategy to diversify its investments and capitalize on emerging technologies. Additionally, Palantir has become the most expensive stock in the S&P 500, earning CEO Alex Karp a spot on the Forbes 400 list.