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Rivian first announced its IPO filing back in August 2021. Since that date, the company has been working towards the trading date of its initial public offering.
Rivian's first consumer model, the R1T electric truck, is expected to start reaching customers in September, but that date has been pushed back before, and with the current global silicon shortage ...
Rivian is valued at more than $90 billion, above the market values of automotive giants General Motors and Ford Motor Company. Amazon holds a 22.4% stake in Rivian, while Ford holds a 14.4% stake.
Rivian announced today that it has filed its S1 with the Securities and Exchange Commission for an IPO filing this November, according to Automotive News. The news comes amid delays and setbacks ...
Since Rivian's IPO, shares have lost about 90% of their value -- a horrible scenario for long term investors. A single share of Rivian, purchased for $78 on the date of the IPO, would be worth ...
Rivian's latest S-1 filing reveals its intentions to sell 135 million shares for proceeds of $72 to $74 apiece. See if the valuation for RIVN stock makes sense.
Rivian claims to have 48,000 orders for the pickup and its R1S SUV. The company hopes to make 200,000 vehicles in 2023, which will more than fill that order book.
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