EV maker Rivian's IPO was the most successful offering in the U.S. since 2014. It went public on the Nasdaq on Nov. 10, 2021 at an IPO price of $78.00, raising nearly $12 billion.15-Nov-2021
What EV company is going public?
Rivian Electric vehicle startup Rivian is now a publicly traded company after executing one of the biggest initial public offerings in history. Rivian shares started trading on the Nasdaq stock exchange Wednesday at around $78 per share.
What stocks will rise with electric cars?
Top EV stocks and battery companies:
- Lucid Group Inc. (LCID)
- Nio Inc. (NIO)
- XPeng Inc. (XPEV)
- Li Auto Inc. (LI)
- Rivian Automotive Inc. (RIVN)
- Proterra Inc. (PTRA)
- General Motors Co. (GM)
- Freeport-McMoRan Inc. (FCX)
Is Rivian over valued?
RIVN stock remains overvalued even after its pullback and is likely to continue to fall for the foreseeable future. If you are looking for a short-term investment, it's best to seek profits elsewhere.
Is Rivian owned by Ford?
The two companies initially announced development of a joint vehicle when the automaker invested $500 million in Rivian in 2019. Ford retains a 12% stake in Rivian, which at the company's IPO last week reached a value of more than $10 billion.
Who is Tesla’s biggest competitor?
Oct 26 (Reuters) — Tesla Inc (TSLA. O) surpassed $1 trillion in market value on Monday, overshadowing the combined value of five of its biggest rivals, Toyota Motor Corp (7203. T), Volkswagen AG (VOWG_p.DE), Daimler AG (DAIGn.DE), Ford Motor Co (F.N) and General Motors (GM.
What company makes Amazon electric vehicles?
Rivian After participating in two funding rounds for the startup, Amazon last year committed to buying 100,000 electric delivery vehicles from Rivian by 2030. Former Amazon CEO Jeff Bezos and three other passengers on Blue Origin's first flight with humans aboard even rode in a Rivian SUV to the launch site.
What is the best electric car stock to invest in?
Best Electric Vehicle Stocks to Buy
- Tesla Inc (NASDAQ: TSLA) Headquartered in Palo Alto, California, Tesla has become synonymous with the EV industry. …
- Nio Inc (NYSE: NIO) …
- General Motors (NYSE: GM) …
- Ford (NYSE: F) …
- Apple (NASDAQ: AAPL) …
- Blink Charging (NASDAQ: BLNK) …
- Nikola (NASDAQ: NKLA) …
- Workhorse Group (NASDAQ: WKHS)
What is a good electric car stock?
| Best Value Electric Car Stocks | ||
|---|---|---|
| Price ($) | 12-Month Trailing P/S Ratio | |
| Li Auto Inc. (LI) | 28.38 | 8.2 |
| NIO Inc. (NIO) | 29.31 | 8.9 |
| XPeng Inc. (XPEV) | 46.66 | 16.0 |