Jet.AI shares surge 13.29% intraday as major investor cites undervaluation and company nears completion of aviation business sale.

Jet.AI surged 13.29% in intraday trading, as investor Semenikhin Vladimir Anatolevich, who holds an 8.7% stake, cited undervaluation and potential strategic impact. The company disclosed $9 million in cash with no debt and outlined a data center development strategy, while nearing completion of a $13.4 million aviation business sale to flyExclusive. The investor reported holding 8.7% of Jet.AI as of February 2, 2026, emphasizing the stock’s undervaluation. The company also released a shareholder letter revealing its debt-free status and a strategic focus on data centers, alongside progress on finalizing the flyExclusive transaction, which would provide shareholders with flyExclusive shares valued at $13.4 million.