What's Driving Surf Air Mobility Stock's 2x Surge?

1. Palantir increased its stake in Surf Air to 20%, boosting investor confidence. 2. Surf Air plans to electrify short-haul air travel by 2027, enhancing growth potential. 3. Revenue grew 31.2% but profitability remains a key concern for Surf Air. 4. $91 million debt leads to high Debt-to-Equity Ratio of 30% for Surf Air. 5. Current P/S ratio of 2.7x is competitive against the S&P 500's 3.1x.