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

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.

Image credits- NDTV