In 2019, Rivian reported a net loss of $426 million. Its losses more than doubled to $1.02 billion in 2020 when the company expanded its factory and workforce for R1T truck and R1S SUV production.

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.

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 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.

The new price range for the Rivian IPO sets RIVN stock between $72 and $74 per share. That could see the company raising close to $10 billion from its IPO while also giving it a valuation of $65 ...

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 ...

Electric vehicle maker Rivian Automotive Inc. is seeking a valuation of around $60 billion in its upcoming initial public offering. The company, which filed initial documents for its IPO last ...

The new price range for the Rivian IPO sets RIVN stock between $72 and $74 per share. That could see the company raising close to $10 billion from its IPO while also giving it a valuation of $65 ...