Cathie Wood’s Ark Invest Takes Flight with Major EV Air Taxi Stock...
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| On Behalf of Surf Air Mobility Inc Dear Investor, Recently Palantir Technologies, a major player in the AI technology sector, added over 446,000 shares of an air mobility company to its portfolio, bringing its total stake to more than 3.1 million shares. This company is aiming to rewrite the rules of regional air mobility through software and electrification. It recently announced an approximate 90% reduction in contemplated future equity dilution. Combined with a recent $50 million term loan, it has strengthened its balance sheet, paving the way for a path to profitability of its airline operations in 2025. This company is also the largest commuter airline in the U.S. by scheduled departures, and its AI-enabled software in development with Palantir and its plans to electrify regional air travel could reshape the industry. When strategic partners like Palantir see potential in the industry, it’s worth taking a closer look. Remember to do your own research. Discover the stock now.
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