Rivian stock hasnt gone public yet. In New York trading valuing it at more than 85 billion.
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Shares had not started trading by 10 am.
Rivian stock. Electric-pickup maker Rivian on Tuesday priced its initial public offering at 78 a share giving the company a valuation of 70 billion. Stock IPO that could make the EV manufacturer almost as valuable as Honda. Rivian priced the stock sold in its initial public offering and got its wow valuation.
Rivian filed October 1 to become a. Rivian whose market value briefly touched 104 billion was up 26 to 9827 at 232 pm. But heavy losses are likely to.
Deliveries are getting underway meaning Rivian will start generating revenue with rapid growth from essentially zero seen. Rivian Automotive backed by Amazon is targeting a valuation in its US. The emergence of Rivian represents competition for Ford Motor but.
If employee stock options and other restricted shares are considered Rivians valuation could be as high as 60 billion.
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