Rivian is selling 75 million shares to raise about $1.5 billion, diluting holders ~6% but funding its DOE loan and R2 production ramp.

Not a huge fan of my stock getting diluted, but I do understand them having to ensure they don’t run out of money during the production ramp.

  • PhatalFlawEnglish
    3·
    1 month ago

    Still just over here hitting F5 on the R3X page. Give me that waiting list!