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2022-02-12

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Billionaire Soros Buys Stake in EV Startup Rivian

NEW YORK - Billionaire investor George Soros bought nearly 20 million shares of electric truck startup Rivian Automotive Inc in the quarter ended Dec. 31, securities filings showed Friday.The 19,835,761 shares, worth about $2 billion at the time, makes Soros Fund Management among the most prominent investors in a company that has yet to produce a consumer vehicle. Rivian, which is 20% owned by Amazon.com Inc, is expected to provide the e-commerce company with more than 100,000 electric truc

Billionaire Soros Buys Stake in EV Startup Rivian

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