Rivian, a start-up with no revenue but a $100B market cap

Rivian is an electric vehicle start-up that recently IPOed. Capitalisation of more than $100bn for this Amazon-backed carmaker surpasses stalwarts GM and Ford, based on "promising products & growth".


https://www.reuters.com/business/autos-transportation/ev-maker-rivian-set-high-profile-market-debut-after-mammoth-ipo-2021-11-10/


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