November 11, 2021 Sophia Vida

EV Start Up Rivian Soars This Week After IPO Passing GM’s Market Cap

Electric vehicle start up Rivian was soaring this week since its market debut on Wednesday. The company’s shares spiked again on Thursday, sending its market cap surpassing General Motors and Ford, reaching a valuation of $104.9 billion. GM’s market cap was $89.8 billion as of the end of trading Thursday, while Ford’s was $78.1 billion. … Continue reading “EV Start Up Rivian Soars This Week After IPO Passing GM’s Market Cap”