Rivian aims to raise as much as $8 billion in IPO -sources

109
6
Favorite

Rivian aims to raise as much as $8 billion in IPO -sources

StreetInsider2021-09-16

(Reuters) - Rivian, the Amazon.com Inc-backed electric vehicle maker that registered last month for a stock market debut, is aiming to raise between $5 billion and $8 billion with the listing, making ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

109

Report

Comment（6）

eyescold
·2021-09-16
?
Reply
1
Report
KamenR
·2021-09-16
Looking at the backers, and the industry they are in, the stock feels right. It may be a worthwhile investment in the short term. Long term ? …. it’s a very crowded market.
Reply
2
Report
Marcus0168
·2021-09-16
Like
Reply
2
Report
Fold Replies
- Marcus0168:
  Comment
  2021-09-16
  Reply
  Report
Leongny
·2021-09-16
Wow
Reply
4
Report
Fold Replies
- Jojofi:
  Wow
  2021-09-16
  Reply
  Report
lowniu
·2021-09-16
Like please. Thx
Reply
2
Report
ARIESan
·2021-09-16
Buy some
Reply
2
Report
Fold Replies
- lowniu:
  Yeah
  2021-09-16
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2167959457?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-09-16 08:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2167959457","market":"us","top_or_hot":-1,"title":"Rivian aims to raise as much as $8 billion in IPO -sources","media":"StreetInsider","content":"<div>\n<p>(Reuters) - Rivian, the Amazon.com Inc-backed electric vehicle maker that registered last month for a stock market debut, is aiming to raise between $5 billion and $8 billion with the listing, making ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18944381\">Source Link</a>\n\n</div>\n","source":"highlight_streetinsider","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Rivian aims to raise as much as $8 billion in IPO -sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRivian aims to raise as much as $8 billion in IPO -sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-16 08:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18944381><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Rivian, the Amazon.com Inc-backed electric vehicle maker that registered last month for a stock market debut, is aiming to raise between $5 billion and $8 billion with the listing, making ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18944381\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMZN","symbol_name":"亚马逊","start_time":0,"source_url":"https://www.streetinsider.com/dr/news.php?id=18944381","article_id":"2167959457","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2167959457","pubTimestamp":1631753760,"sourceInfo":{"source_id":"highlight_streetinsider","name":"StreetInsider"},"weMediaInfo":null,"summary":"(Reuters) - Rivian, the Amazon.com Inc-backed electric vehicle maker that registered last month for ","collect":0,"end_time":0,"defaultTopTitle":"streetinsider.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMZN":"亚马逊"},"translate_title":"Rivian的目标是通过IPO筹集80亿美元的资金","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMZN":0.9},"content_text":"(Reuters) - Rivian, the Amazon.com Inc-backed electric vehicle maker that registered last month for a stock market debut, is aiming to raise between $5 billion and $8 billion with the listing, making it one largest U.S. initial public offerings of recent years, according to people familiar with the matter.\nRivian, which counts Ford Motor Co and T. Rowe Price among its investors, registered the IPO confidentially with U.S. regulators last month. It is seeking a valuation of about $80 billion in the listing, which is expected to land in late October or November, the sources said.\nRivian declined to comment.\nIf Rivian raises $8 billion in the IPO, that would rank as the fourth biggest of the past decade in the United States. Only three other companies have raised more than $8 billion in IPOs since 2011, according to Dealogic: Alibaba, which raised a world-record $25 billion in 2014; Facebook, which raised $16 billion in 2012; and Uber, which raised $8.1 billion in 2019.\nProceeds from the IPO will allow Rivian to expand production beyond its assembly plant in Normal, Illinois. The startup has said it is in talks with multiple locations to build a second U.S. factory, which documents viewed by Reuters show would include an investment of at least $5 billion.\nRivian has not provided details on its IPO plans, but it is expected to reveal its finances for the first time in a public filing in the coming weeks.\nCalifornia-based Rivian is among the most well-funded U.S. startups, having raised $10.5 billion since the start of 2019. Other investors include BlackRock Inc, Soros Fund Management, Fidelity and Saudi auto distributor Abdul Latif Jameel Co (ALJ).\nWhile Rivian has been dubbed as the \"Tesla killer\" in some quarters, it is still tiny compared with Tesla Inc, which boasts of a market cap of nearly $740 billion and plans to build a pickup truck that would compete with Rivian's own version, the R1T.\nRivian's flotation is expected to round out another record year for U.S. IPOs. Companies have raised more than $230 billion so far this year through share sales, according to data from Dealogic, and are on track to raise tens of billions more before the year ends.\nFounded as Mainstream Motors in 2009 by Chief Executive R.J. Scaringe, the company changed its name to Rivian in 2011. “Rivian” is derived from \"Indian River\" in Florida, a place Scaringe frequented in a rowboat as a youth.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":885317773,"gmtCreate":1631756673192,"gmtModify":1676530626927,"author":{"id":"3582062230385855","authorId":"3582062230385855","name":"eyescold","avatar":"https://static.tigerbbs.com/947cfb8056822e3c4b4c3ace4c59dd6f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582062230385855","authorIdStr":"3582062230385855"},"htmlText":"?&nbsp;","listText":"?&nbsp;","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885317773","repostId":2167959457,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":885332320,"gmtCreate":1631755963160,"gmtModify":1676530626631,"author":{"id":"3583799729432788","authorId":"3583799729432788","name":"KamenR","avatar":"https://static.tigerbbs.com/db3db81fd6b762e83625b40b8566dec3","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3583799729432788","authorIdStr":"3583799729432788"},"htmlText":"Looking at the backers, and the industry they are in, the stock feels right. It may be a worthwhile investment in the short term. Long term ? …. it’s a very crowded market.&nbsp;","listText":"Looking at the backers, and the industry they are in, the stock feels right. It may be a worthwhile investment in the short term. Long term ? …. it’s a very crowded market.&nbsp;","text":"Looking at the backers, and the industry they are in, the stock feels right. It may be a worthwhile investment in the short term. Long term ? …. it’s a very crowded market.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885332320","repostId":2167959457,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":885396046,"gmtCreate":1631755239685,"gmtModify":1676530626258,"author":{"id":"3579731150117851","authorId":"3579731150117851","name":"Marcus0168","avatar":"https://static.tigerbbs.com/8306535f31b23cae8f41676bb045aaa3","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3579731150117851","authorIdStr":"3579731150117851"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/885396046","repostId":2167959457,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5884643,"gmtCreate":1631755246552,"gmtModify":1631889319452,"authorId":3579731150117851,"author":{"id":3579731150117851,"idStr":"3579731150117851","authorId":3579731150117851,"name":"Marcus0168","avatar":"https://static.tigerbbs.com/8306535f31b23cae8f41676bb045aaa3","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":885396046,"type":1,"supId":0,"prevId":0,"content":"Comment","text":"Comment","html":"Comment"}],"langContent":"EN"},{"id":885300607,"gmtCreate":1631754296609,"gmtModify":1676530625694,"author":{"id":"3573806944936951","authorId":"3573806944936951","name":"Leongny","avatar":"https://static.tigerbbs.com/4bd616003d6a60238752edde650d3e2d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573806944936951","authorIdStr":"3573806944936951"},"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/885300607","repostId":2167959457,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5884509,"gmtCreate":1631754619939,"gmtModify":1663233947537,"authorId":3574911895867822,"author":{"id":3574911895867822,"idStr":"3574911895867822","authorId":3574911895867822,"name":"Jojofi","avatar":"https://static.tigerbbs.com/b38ecb7f10f831fb2c5dfa4b6984a1cb","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.25%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":885300607,"type":1,"supId":0,"prevId":0,"content":"Wow","text":"Wow","html":"Wow"}],"langContent":"EN"},{"id":885300168,"gmtCreate":1631754284554,"gmtModify":1676530625689,"author":{"id":"3581809688048652","authorId":"3581809688048652","name":"lowniu","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581809688048652","authorIdStr":"3581809688048652"},"htmlText":"Like please. Thx","listText":"Like please. Thx","text":"Like please. Thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/885300168","repostId":2167959457,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":885976528,"gmtCreate":1631754082664,"gmtModify":1676530625588,"author":{"id":"4087545408973980","authorId":"4087545408973980","name":"ARIESan","avatar":"https://static.tigerbbs.com/ab7b9364a4791173d66fbb5fda8ef925","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087545408973980","authorIdStr":"4087545408973980"},"htmlText":"Buy some&nbsp;","listText":"Buy some&nbsp;","text":"Buy some","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/885976528","repostId":2167959457,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5884421,"gmtCreate":1631754292123,"gmtModify":1663233947344,"authorId":3581809688048652,"author":{"id":3581809688048652,"idStr":"3581809688048652","authorId":3581809688048652,"name":"lowniu","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":885976528,"type":1,"supId":0,"prevId":0,"content":"Yeah","text":"Yeah","html":"Yeah"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":109,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}