Bezos-backed electric carmaker Rivian in biggest US float since Facebook
https://www.theguardian.com/environment/2021/nov/10/bezos-rivian-world-biggest-ipos-shares-electric-carmaker-ford-general-motors-stock-market-debut
Company was briefly worth over £100bn after flotation, more than Ford or General Motors
The Jeff Bezos-backed electric carmaker Rivian has raised more than $11bn in a stock market sale that briefly valued the company at more than $100bn in one of the world’s biggest ever floats.
Bezos-backed electric carmaker Rivian in biggest US float since Facebook
Nov 11, 2021, 10:29am UTC
https://www.theguardian.com/environment/2021/nov/10/bezos-rivian-world-biggest-ipos-shares-electric-carmaker-ford-general-motors-stock-market-debut
> Company was briefly worth over £100bn after flotation, more than Ford or General Motors
> The Jeff Bezos-backed electric carmaker Rivian has raised more than $11bn in a stock market sale that briefly valued the company at more than $100bn in one of the world’s biggest ever floats.