Shares of electric-vehicle startup Rivian jumped more than a third in their market debut, the latest indication of strong investor interest in the EV market
Shares of electric-vehicle startup Rivian Automotive Inc. jumped by more than a third in their market debut Wednesday, the latest indication of the strong investor interest in the EV market.
and giving the company a market value of more than $100 billion on a fully diluted basis. That market value puts Rivain above many other auto makers, including Ford Motor Co. and General Motors Co.
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WSJ News Exclusive | Rivian Prices IPO at $78, Above Raised Target RangeElectric-vehicle startup Rivian priced its IPO at $78 a share, a person familiar with the matter said, valuing the company at more than $77 billion in a sign of strong demand
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EV maker Rivian prices IPO above range to raise over $10 bln -sourcesAmazon-backed electric vehicle (EV) maker Rivian sold shares in its initial public offering (IPO) at $78 per share, above its target range, to raise about $10.5 billion, people familiar with the matter said on Tuesday.
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