Rivian Ipo

In particular Amazon has purchased 100000 electric delivery vans from the company alongside a 20 stake in the automaker. Electric-truck maker Rivian filed paperwork to go public earlier this month and is expected to be the largest IPO of the year.

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A union-affiliated pension fund advisor said it is pressing Rivian on human rights and environment concerns in the electric vehicle startups battery supply chain.

Rivian ipo

. Rivian which just recently started delivering its first vehicles filed for the IPO in September. Thats especially significant given that Rivian is a pre-revenue company and 2021 is already the largest year ever for IPOs in terms of proceeds. IPO filing showed on Friday. 2 days agoRivian is now expected to offer 135 million shares priced between 72 and 74 per share for its IPO up from 57 to 62 per share.

In all Rivian has raised about 105 billion since 2019 from several notable backers. As Rivians stock moves Weiss expects Ford to follow.

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