EV Truck Slams Into Parked Mercedes-Benz S-Class and Ford Explorer Lets address some of the cons of buying Rivian stock. The information submitted to the US.
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Rivian plans to go public around Thanksgiving.
Rivian ipo. Rivian details 1 billion loss Amazon deal in IPO filing Tesla accuses Irvine-based Rivian of stealing its battery tech staff Review. In its filing for the IPO Rivian revealed that it had nearly a 1 billion loss for the first six months of 2021 according to ReutersTheres a reason why most automotive companies ultimately fail. Electric vehicle manufacturer Rivian has filed for its initial public offering.
Most notably is that Rivian lost almost 1 billion in the first six months of this year. Securities and Exchange Commission SEC includes details on Amazons involvement with the company and Rivans pre-order. 73000 electric Rivian R1T is cute but not a work truck.
The recent filing for an initial public offering IPO by Rivian Automotive has revealed a treasure trove of information about the EV maker. Irvine-based Rivian reportedly is seeking a valuation of around 80 billion topping GMs market cap of around 72 billion and Fords. Rivian was seeking to be valued at about 80 billion in a listing Bloomberg News reported in August when the company announced that it had filed confidentially for an IPO.
Backed by the likes of Amazon and Ford Rivian is yet to make any revenue in 2021 despite 994 million in losses.
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