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.
Amazon, the e-commerce giant, is facing a lawsuit from Washington, D.C. Attorney General Brian Schwalb, accusing the company of discriminatory practices in its delivery services. The lawsuit alleges...
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