Jumping on Arm's blockbuster IPO could be a risky business for retail investorsWhile dabbling in individual stocks is a notoriously risky business for amateur investors, an analysis underscores just how perilous it can...
12 Sep, 2023, 12.14 AM IST
Rivian stock skids as legacy automakers rev up EV targetsRivian's stock has slumped about 14% since the start of Wednesday, when Amazon.com Inc, one of Rivian's biggest investors, said it teamed u...
07 Jan, 2022, 08.20 AM IST
Global IPOs smash previous record, blow past $600-billion markLeading the pack is electric-truck startup Rivian Automotive, which raised nearly $12 billion in New York this month. Asia's biggest was Ch...
20 Nov, 2021, 11.04 PM IST
Elon Musk exercises more options, sells Tesla shares worth $973 millionOver the past week, Musk has sold about 8.2 million Tesla shares for around $8.8 billion. Those sales fulfill almost half of his pledge on ...
17 Nov, 2021, 01.06 PM IST
Tesla's Elon Musk exercises more options, sells $973 million for taxesElon Musk acquired 2.1 million shares worth $2.2 billion at the Tuesday closing price and sold 934,091 for $973 million to pay taxes, the S...
17 Nov, 2021, 10.58 AM IST
Elon Musk says high production, breakeven cash flow 'true test' for Rivian"There have been hundreds of automotive startups, both electric and combustion, but Tesla is (the) only American carmaker to reach high vol...
12 Nov, 2021, 01.38 PM IST
Rivian valued at over $100 billion on listing after biggest IPO of 2021That made the Amazon-backed Rivian the second most valuable US automaker after Tesla, which is worth $1.06 trillion. It ranked ahead of Gen...
11 Nov, 2021, 06.12 PM IST
Rivian investors hoping it's going to be the next TeslaIn the first day of trading after its initial public offering, Rivian’s stock jumped 29%, putting its market value at $86 billion — in line...
11 Nov, 2021, 11.30 AM IST
Rivian valued at over $100 billion in debut, after world's biggest IPO of 2021Amazon.com Inc is Rivian's largest shareholder with a 20% stake.
11 Nov, 2021, 11.12 AM IST
EV startup Rivian targets $65 billion valuation in IPOThe company, which last month disclosed nearly $1 billion in losses for the first half of this year, said it will sell 135 million shares a...
06 Nov, 2021, 11.03 AM IST
EV startup Rivian could be worth nearly as much as Honda in US IPOOnly three other companies have raised more than $8 billion while going public since 2011, according to data from Dealogic. Alibaba raised ...
02 Nov, 2021, 02.00 PM IST
EV startup Rivian could be worth nearly as much as Honda in US IPORivian — the Amazon-backed EV startup that rivals Tesla — is looking to raise up to $8.4 billion, setting it up to be the third-largest IPO...
02 Nov, 2021, 11.05 AM IST
Amazon discloses 20% stake in EV maker RivianAt the end of the third quarter, Amazon had an equity interest of about 20% in Rivian
29 Oct, 2021, 09.30 PM IST
Amazon discloses 20% stake in EV maker RivianFord Motor Co, which has a strategic relationship with Rivian, removed a representative from the startup's board earlier this month. At the...
29 Oct, 2021, 09.07 PM IST
Amazon-backed EV maker Rivian discloses nearly $1 billion losses in IPO filingFor the six months ended June 30, Rivian's net loss widened to $994 million from $377 million a year earlier, the company said in its filin...
02 Oct, 2021, 04.05 PM IST
Rivian, electric vehicle startup, unveils large losses in IPO filingRivian, founded in 2009, makes an upscale truck and a sport utility vehicle, both designed to be driven off-road. “Now, there’s a way to ex...
02 Oct, 2021, 10.27 AM IST
Amazon-backed electric-vehicle firm Rivian could seek $70 billion valuation in IPO: ReportRivian had a valuation of $27.6 billion, after a $2.65-billion investment round led by T. Rowe Price.
29 May, 2021, 09.42 AM IST