Today news
About the same in other media
Bezos-backed Rivian valued at $100bn in one of world’s biggest IPOs
Reading now: 560
The Jeff Bezos-backed electric carmaker Rivian has raised more than $11bn in a stock market sale that valued the company at more than $100bn in one of the world’s biggest-ever stock market floats.
The share sale on Wednesday values Rivian higher than Ford or General Motors, even though before the sale the company revealed it had lost more than $2bn since the start of last year and had delivered just 53 vehicles by the end of last month. It plans to deliver 1,000 by the end of the year.
Backed by
Read more on theguardian.comAbout this in other media
S. Korea's Democratic Party Backs Support for Crypto, Metaverse blockchain.news /2 years ago
El Salvador to inaugurate Bitcoin City backed by $1B Bitcoin bonds cointelegraph.com /2 years ago
JPMorgan takes stake in SoftBank, Goldman-backed blockchain startup fnlondon.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
