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Rivian - A new billion dollar company born before our eyes.

Posted: Thu Nov 11, 2021 10:17 am
by KBleivik
Rivian, the greatest IPO of the year in the USA

Read more: ... s-ford-gm/

Electric truck maker Rivian surpassed GM and Ford in market cap at its IPO debut. ... 1636504468

Rivian Stock Rises 29% in Trading Debut. It’s Worth More Than Some Auto Makers.

It happens at the same time that Elon Musk sells $5 bln in Tesla ... 021-11-10/ Inc. owns about 20% of Rivian before accounting for the public offering.

Ford Motor Co. invested a half-billion dollars into Rivian in 2019 and said the companies would work jointly to develop electric vehicles. The Detroit automaker has about a 13% stake in Rivian leading up to the public offering. ... 367423001/