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Home Business

Rivian valued at more than $100bln with shares closing at 30% jump

by Meghana Kandra
November 10, 2021 - Updated On November 11, 2021
in Business, Cars, Electric Vehicles, Markets
Reading Time: 1 min read
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Rivian valued at more than $100bln with shares closing at 30% jump
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Rivian is valued at more than $100 billion after the world’s largest Initial Public Offering (IPO). There was a 30% jump from the initial public offering of shares, to $100.73. With this IPO, Rivian is the second most valuable automaker in the US. Where Tesla is evaluated to be $1.06 trillion, being the first most valuable automaker.

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Rivian IPO: EV Maker Boosts IPO Price Range, Aims for $65-Billion Valuation  | Technology News
Image credits- NDTV
Tags: electric vehiclesRivianRivian IPORivian R1SRivian R1tRivian R1T kitchenRivian RJ ScaringeRJ Scaringe
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Meghana Kandra

Meghana studied PGD in Journalism, open university. She has more than five years of experience in content writing, from creative content development to online journalism. Electric vehicle enthusiast, engineer, and feminist.

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