Rivian’s blockbuster IPO shows how far we’ve come since Tesla’s debut By Matt McFarland, CNN Business 3 min read Updated 11:17 AM EST, Fri November 12, 2021 ...

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’s shares, which rose as much as 53% on Wednesday to briefly push the company’s market value to $104 billion, closed at $100.73, up 29% from the IPO price.

Rivian sells three types of EVs: the R1T pickup, the R1S full-size SUV, and electric delivery vans for its top investor Amazon and other customers. Before its IPO in November 2021, Rivian claimed it ...

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 ...

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 Automotive (RIVN 1.60%) has hit the market with a bang, trading more than 30% over its IPO price and now sporting a market cap near $100 billion. This is despite only producing about 15 ...

Rivian files to go public with IPO, reportedly seeking valuation up to $80 billion By Matt McFarland, CNN Business 2 minute read Published 1:56 PM EDT, Fri August 27, 2021 ...

The company’s headquarters previously were listed as Plymouth, Michigan. As of June 30, 2021, Rivian had 6,274 employees across the United States, Canada and Europe, according to its filing.