tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Faraday Future’s $41M Investment in Qualigen for Web3

Story Highlights
Faraday Future’s $41M Investment in Qualigen for Web3

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Faraday Future Intelligent Electric ( (FFAI) ) is now available.

On September 19, 2025, Faraday Future announced a strategic investment of approximately $41 million in Qualigen Therapeutics, Inc. to initiate a crypto and web3-related business. This investment, structured as a private investment in public equity (PIPE), will see Faraday Future and its founder YT Jia gain significant control over Qualigen, which plans to rebrand as CXC10. The transaction aims to create synergies between Faraday Future’s electric vehicle strategy and Qualigen’s new focus on crypto and web3, potentially enhancing shareholder value and opening new financing channels.

The most recent analyst rating on (FFAI) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Faraday Future Intelligent Electric stock, see the FFAI Stock Forecast page.

Spark’s Take on FFAI Stock

According to Spark, TipRanks’ AI Analyst, FFAI is a Neutral.

Faraday Future Intelligent Electric’s overall stock score is primarily impacted by its poor financial performance, which poses significant risks. While there are positive developments in corporate events and earnings call sentiment, these are overshadowed by the company’s financial instability and bearish technical indicators. The stock remains a high-risk investment with potential for improvement if financial challenges are effectively managed.

To see Spark’s full report on FFAI stock, click here.

More about Faraday Future Intelligent Electric

Faraday Future Intelligent Electric Inc. is a California-based company focused on creating a global shared intelligent electric mobility ecosystem. Founded in 2014, the company aims to disrupt the automotive industry with a user-centric, technology-first approach, exemplified by its flagship model, the FF91. Faraday Future is expanding its strategy to include mass production models with luxury technology at more accessible price points.

Average Trading Volume: 17,569,009

Technical Sentiment Signal: Sell

Current Market Cap: $242.9M

Learn more about FFAI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1