Rivian’s Blockbuster IPO Drives Valuation Above Ford, General Motors
A Rivian truck
Photographer: Elliot RossThis article is for subscribers only.
Hi, it’s Lizzie here in New York, where we’ve spent the morning watching Rivian’s indicated trading price go up, and down, and up again … and finally open. We’ve got (lots) more on 2021’s biggest IPO below.
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After raising a massive $12 billion in its initial public offering, electric truckmaker Rivian has made its public market debut and officially become a member of the coveted $100 billion club.