Facebook last month agreed to pay $5.7bn for a 10 per cent stake in the digital unit
The PIF is looking into “any opportunity” arising from the economic wreckage of the crisis
The Saudi PIF-backed company is expected to begin deliveries of its Lucid Air model next year to customers in the Middle East
The Public Investment Fund has stepped up deal-making in a bid to become the world’s biggest manager of sovereign capital
The fund last month built an 8.2 per cent stake in cruise operator Carnival Corp. after shares slumped due to the fallout of the coronavirus pandemic