Shares of electric-vehicle startup Rivian jumped more than a third in their market debut, the latest indication of strong investor interest in the EV market
Shares of electric-vehicle startup Rivian Automotive Inc. jumped by more than a third in their market debut Wednesday, the latest indication of the strong investor interest in the EV market.
and giving the company a market value of more than $100 billion on a fully diluted basis. That market value puts Rivain above many other auto makers, including Ford Motor Co. and General Motors Co.
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