Rivian’s offering, if successful, would be the first non-SPAC IPO for a pure-play electric vehicle maker in more than a decade. That path was originally paved by Tesla (NASDAQ:TSLA) in 2010.

Rivian Automotive Inc.’s RIVN -1.66% shares surged in their market debut on Wednesday, the latest electric-vehicle maker to tap into investors’ interest for the growing market.

Rivian Automotive (NASDAQ: RIVN) is charged up and ready to start trading in the stock market today in what is sure to be one of the hottest IPOs recently. The IPO is being closely watched for ...

Tesla had about 500 employees at the time of its IPO. Rivian had more than 9,100 employees as of October 31. Technology developments since Tesla’s IPO have also helped boost Rivian’s prospects.

Investors should avoid Rivian stock after its IPO for 4 key reasons, an equity-research firm says By Mark Matousek Rivian Nov 5, 2021, 3:04 AM PT ...

Rivian, the electric automaker backed by Amazon, Ford and a cornucopia of heavy-hitting institutional investors like T. Rowe Price Associates and Coatue, finally made its once-confidential IPO ...

I'm skeptical that Rivian’s IPO will deliver for investors, even with the lower valuation. Investors shouldn’t buy a stock just because it’s in a hot sector.

Rivian also gave underwriters an option to buy another 22.95 million shares, a higher number than previously expected. The size of the IPO also benefits some of its biggest backers.

Rivian is now valued at nearly $100 billion, a sign of the strong demand for EV companies among investors. Rivian stock hit a high of $113.90 per share, well above its IPO pricing of $78 per share.

Rivian’s super-charged IPO is a good test of the staying power of the meme stock craze that has helped propel companies like Tesla to new heights. The electric vehicle company is going a more ...