ELECTRIC TRUCK MAKER RIVIAN ZOOMS TO $86B MARKET VALUE
Nov 13, 2021
2 minutes
Shares of Rivian Automotive jumped in their debut Wednesday, rising as much as 53% as investors look for the next big winner in the electric vehicle market.
The closing price of $100.73 gave Rivian a market value of about $85.9 billion, greater than that of Ford and just below General Motors. That’s noteworthy because Rivian has so far delivered about 150 of its electric pickup trucks
You’re reading a preview, subscribe to read more.
Start your free 30 days