You Searched For "automaker IPO" and got 20 results
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2 mins read
Adani Wilmar IPO to open tomorrow; GMP at ₹50 per share
Fast moving consumer goods (FMCG) company Adani Wilmar, known for edible oil 'Fortune', is all set …
2 mins read
The big winners in Rivian's $77 billion IPO include Amazon, Ford, and a Saudi investor that sells gas-fueled cars
The Rivian IPO will raise $11.9 billion for the electric vehicle manufacturer, making it the sixth …
Matthew Fox
1 min read
Chinese Tesla competitor skyrockets nearly 350% in 2 days after announcing it will launch vehicles in the US next month
Kandi said that starting in August, customers could reserve vehicles, which would be available for …
Carmen Reinicke
1 min read
Rivian and Ford scrap plans to develop an electric vehicle together, citing a mutual desire to focus on their own projects
An EV project between Ford and Rivian has been scrapped, with Ford indicating it doesn't need Rivia…
Zahra Tayeb
2 mins read
Rivian drops 18% in its first down day as a public company following massive post-IPO surge
The strong up and down trading moves Rivian highlights the heightened volatility risk posed to inve…
Matthew Fox
2 mins read
The 'Big Short' investor Michael Burry warns speculation has reached a century high - and points to Rivian's $100 billion IPO as a prime example
Burry said that asset valuations are more excessive today than during the dot-com bubble and unders…
Theron Mohamed
1 min read
Elon Musk weighs in on competitor Rivian after the company's blockbuster IPO, says high production and breakeven cash flow are the 'true test'
Elon Musk weighed in on Rivian a day after the Tesla competitor's blockbuster initial public offeri…
Huileng Tan
2 mins read
Rivian is now the 2nd most valuable US carmaker after its IPO surge - and its founder R.J. Scaringe is worth $2.2 billion
The Amazon-backed electric-vehicle startup has only ever delivered about 150 cars, but is now worth…
Harry Robertson
2 mins read
Rivian investors are betting it's the next Tesla. Now comes the hard part.
The startup is now worth more than General Motors and Ford, which move millions of vehicles per yea…
Tim Levin
2 mins read
Cathie Wood reportedly said Ark Invest won't buy Rivian stock due to the EV maker's 'rich' valuation
Wood's comments came before Rivian's first public trades this afternoon, when the company was value…
Matthew Fox
2 mins read
Car-rental app Turo aims to list shares publicly in 2021, report says
The company isn't yet sure whether it will pursue a traditional IPO or an alternative like a SPAC m…
Ben Winck
2 mins read
Google cofounder Sergey Brin might pocket over $100 million by selling his Tesla stock, after plowing $500,000 into Elon Musk's automaker before it went public
Brin has moved to dump his stakes in Elon Musk's companies after the Tesla CEO reportedly had a bri…
Theron Mohamed
1 min read
Tesla competitor Rivian seeking an IPO as soon as September that would value it at $50 billion, report says
Rivian is looking to go public as soon as September at a valuation of about $50 billion, according …
Emily Graffeo
1 min read
EV start-up Rivian has beaten other industry giants to become the first automaker to produce an electric pickup
Rivian's R1T has an estimated range of 314 miles and prices start at $67,500. It comes with an air …
Grace Dean,Francis Agustin
2 mins read
DoorDash falls 9% after its stock price nearly doubles in first day of trading
While shares touched an intraday high of $195.50 in the firm's Wednesday debut, selling dragged pri…
Ben Winck
2 mins read
Software firm C3.ai skyrockets 174% after $651 million IPO
The firm sold 15.5 million shares at $42 each. C3.ai previously expected to price shares between $3…
Ben Winck
1 min read
Softbank and an automaker are in 'late stage talks' to pump $1 billion into Uber's self-driving car group ahead of the big IPO
Uber is in "late stage talks" with SoftBank and others about a $1 billion investment into its self-…
Alexei Oreskovic
6 mins read
Burger King India IPO opens today — brokerages recommend ‘subscribe’ on attractive valuations
Ahead of the IPO, the company has raised ₹364.5 crore from 55 anchor investors on December 1. Fe…
2 mins read
Trump's trade war has forced one of Europe's most famous automakers to delay a $30 billion IPO
The FT reports that though Geely believed it had secured the backing of investors, it worried that …
Will Martin
2 mins read
Airbnb declines takeover by billionaire investor Bill Ackman's 'blank check' company, report says
The home-rental giant said it still preferred entering public markets through a traditional IPO, Bl…