Surf Air Mobility Stock Soars 27.22% on Palantir's Investment

On June 25, 2025, Surf Air's stock surged by 27.22% in pre-market trading, marking a significant rise in investor interest and confidence in the company.

Palantir Technologies, a major stakeholder in Surf Air Mobility, recently acquired over 1 million shares of the company's common stock. This acquisition, which took place on June 18, 2025, at a price of $2.07 per share, has significantly increased Palantir's ownership in Surf Air Mobility, now holding approximately 4.5 million shares, or 19.9% of the outstanding shares.

Surf Air Mobility, established in February 2020 following the acquisition of BlackBird Air, has been a key player in the electric aviation sector. The company also controls Surf Air, a private air travel company, further expanding its footprint in the aviation industry.

Palantir's investment in Surf Air Mobility is part of its broader strategy to expand its presence in the AI-powered aviation sector. This move has been well-received by the market, with Surf Air Mobility's stock experiencing a significant jump in value following the announcement of Palantir's acquisition.