Rivian would prepare one of the biggest purse on the automotive stock market
Rivian could make a stock market this year, with an initial valuation at $ 50 billion, twice the value of a group like PSA. It is the magic of a brand that por ...
11/11/2022
Rivian could make a stock market this year, with an initial valuation at $ 50 billion, twice the value of a group like PSA.
It is the magic of a brand that carries large hopes and which stirs up curiosity and investments of large automotive groups.The American manufacturer of electric vehicles Rivian, who has so far produced no passenger car, could make a stock market (an IPO) this year according to Bloomberg.
While investments coming from Amazon or Ford have brought Rivian's value to more than $ 25 billion, entry into the stock market with public shareholder would be a significant step in the young brand.
Entry into the stock market could be done in September with a valuation at more than $ 50 billion, which would make Rivian upon his arrival on the market of one of the largest world car manufacturers in terms of valuation.By way of comparison, this would represent twice the value of the PSA group (Citroën, DS, Peugeot)!
Obviously, we must temper with this kind of bubble: we are still waiting for the production of the pick-up and the electric SUV, even if Rivian has already started to produce the 100,000 electric vans commanded by Amazon for its deliveries.