https://qz.com/2087713/electric-vehicle ... s-ford-gm/
Electric truck maker Rivian surpassed GM and Ford in market cap at its IPO debut.
https://www.barrons.com/articles/rivian ... 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
https://www.reuters.com/business/autos- ... 021-11-10/
Amazon.com 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.
https://eu.usatoday.com/story/money/202 ... 367423001/