Coverage dated November 8, 2021 to November 9, 2021

Rivian Prices IPO at $78 a Share, Valuing Electric Vehicle Company at $66.5 Billion

Headline from NBC10 Philadelphia

Rivian’s initial valuation will not be far off Ford or General Motors even though the company has barely started generating revenue.

NBC10 Philadelphia's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

27 articles, oldest first.

  1. Forbes

    Avoid The Rivian IPO. Bet On EV Suppliers Instead? (opens Forbes)

    Published

    Forbes's feed description

    Electric pick-up truck startup Rivian is looking to raise about $10 billion via its IPO this week, with its shares priced at between $72 to $74, per its latest SEC filing, valuing the company at upward of $60 billion. So, is the company a good bet for investors? We don’t think so...

  2. NBC10 Philadelphia

    Rivian Prices IPO at $78 a Share, Valuing Electric Vehicle Company at $66.5 Billion (opens NBC10 Philadelphia)

    Published

    NBC10 Philadelphia's feed description

    Rivian’s initial valuation will not be far off Ford or General Motors even though the company has barely started generating revenue.

  3. The Southern Illinoisan

    Watch now: EV truck manufacturer Rivian raises nearly $12 billion in massive IPO (opens The Southern Illinoisan)

    Published

    The Southern Illinoisan's feed description

    Rivian, the startup electric truck manufacturer, rolled out one of the biggest initial public offerings in years Wednesday, raising nearly $12 billion and valuing the company at more than $77

  4. The Guardian

    Bezos-backed Rivian revs up for $65bn valuation in IPO (opens The Guardian)

    Published

    The Guardian's feed description

    Electric carmaker’s shares to start trading in New York in one of biggest stock market debuts

  5. Quartz

    Electric truck maker Rivian surpassed GM and Ford in market cap at its IPO debut (opens Quartz)

    Published

    Quartz's feed description

    Rivian shares soared above $106 when it debuted on the stock market, placing the startup's market cap ahead of other US automakers.

  6. NBC 6 South Florida

    Rivian IPO Proves General Motors Is Undervalued, Says GM CEO Mary Barra (opens NBC 6 South Florida)

    Published

    NBC 6 South Florida's feed description

    Rivian’s stock is indicated to open at $125 a share, a 60% pop from its IPO price of $78 a share and implying a valuation of as much as $106.6 billion.

  7. Forbes

    Electric Truckmaker Rivian Reportedly Valued At $77 Billion In IPO (opens Forbes)

    Published

    Forbes's feed description

    The company priced its IPO at a higher-than-expected $78 per share, the Wall Street Journal and Reuters reported.

  8. The Guardian

    Bezos-backed Rivian valued at $100bn in one of world’s biggest IPOs (opens The Guardian)

    Published

    The Guardian's feed description

    Share sale values electric carmaker higher than Ford and General Motors at US stock market debut

  9. Forbes

    Electric Vehicle Startup Rivian Hits $90 Billion Valuation In Biggest IPO Since Facebook (opens Forbes)

    Published

    Forbes's feed description

    Rivian's stock surged up to 50% on its first day of trading.

  10. NBC Los Angeles

    Rivian Customers Who Pre-Ordered Electric SUVs and Trucks Made Millions From IPO Pop (opens NBC Los Angeles)

    Published

    NBC Los Angeles's feed description

    As part of Rivian’s IPO, the electric vehicle company reserved shares for people who have pre-ordered a truck or SUV as of Sept. 30.

  11. The Pantagraph

    Rivian launches IPO, priced at $78 a share (opens The Pantagraph)

    Published

    The Pantagraph's feed description

    This is a developing story that will be updated.

  12. France 24

    Rivian shares leap in market debut, topping value of Ford, GM (opens France 24)

    Published

    France 24's feed description

    Electric truck maker Rivian soared in its debut on Wall Street on Wednesday, making the company that has produced less than 200 vehicles worth more than traditional automakers Ford and General Motors…

  13. The Pantagraph

    Rivian IPO is one of largest in years; stock soars in trading (opens The Pantagraph)

    Published

    The Pantagraph's feed description

    Rivian Automotive on Wednesday became a public company, trading on the NASDAQ. The company founded in 2009 has about 3,400 workers at its Normal assembly plant.

  14. Inc.

    Rivian's $77 Billion IPO Is the Latest Sign That the Electric Vehicle Industry Is Ready for Takeoff (opens Inc.)

    Published

    Inc.'s feed description

    The electric truck maker's public market debut marked the largest since 2014.

  15. Geek Wire

    Amazon-backed electric vehicle maker Rivian races to huge stock market debut after IPO (opens Geek Wire)

    Published

    Geek Wire's feed description

    Rivian, the electric vehicle maker with substantial backing from Amazon, is arriving with a roar in its public debut on the Nasdaq exchange today. Rivian set its IPO price at $78/share on Tuesday…

  16. France 24

    Business daily - Electric carmaker Rivian prepares for highly-anticipated $66.5 billion IPO (opens France 24)

    Published

    France 24's feed description

    US electric vehicle maker Rivian is set to make its debut on Wall Street at $78 a share, in one of the biggest initial public offerings ever. Also, director Peter Jackson sells his visual effects fir…

  17. InsideEVs

    Rivian Raises $11.9 Billion In Biggest IPO Of The Year (opens InsideEVs)

    Published

    InsideEVs's feed description

    Rivian shares will start trading on Nasdaq on November 10 under the RIVN ticker symbol after completing its IPO.

  18. FOX Business

    Rivian prices shares at $78 in highly anticipated IPO (opens FOX Business)

    Published

    FOX Business's feed description

    Rivian Automotive Inc. priced its highly anticipated initial public offering at $78 a share, well above its raised expectations, valuing the electric-vehicle maker at more than $77 billion on a fully diluted basis, according to a person familiar with the matter.

  19. CBS News

    Rivian Automotive's blockbuster IPO makes it more valuable than Ford and GM (opens CBS News)

    Published

    CBS News's feed description

    Shares of the electric vehicle maker surged in their market debut, valuing the company at nearly $100 billion.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Rivian Prices IPO at $78 a Share, Valuing Electric Vehicle Company at $66.5 Billion | Since Then