$Faraday Future Intelligent El

It was an indirect investment. FFIE owed PLTR money and couldn't pay cash so they offered stock as payment.

Mutually beneficial really, on the one hand FFIE gets a big name company to look like an investor, and on the other hand PLTR benefits from the stock surging from people thinking they've directly invested.

Both parties win. Probably a set course on how PLTR can sell the shares over time in chunks as to not melt the share price.

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