The company is currently working with 9,000 employees at seven locations on two models: the R1T pick-up and the R1S SUV.
(Photo: Reuters)
new York This week, the American electric car manufacturer Rivian is going on the Nasdaq technology exchange with the ticker symbol “RIVN”. Just last Friday, the company raised the price range for its 135 million shares to $ 72 to $ 74. Previously it was $ 57 to $ 62. If all investors exercise their options on an additional 20.25 million shares, the company could now be valued at more than $ 65 billion in total. That is almost equal to the value of traditional auto companies like GM and Ford.
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