Rivian's stock launched on November 10, 2021. Approximately 153 million shares sold at an offering price of $78.00 to the lucky and already wealthy investors. The shares began trading on the Nasdaq at $106.75. With ONLY 156 trucks produced Rivian is valued at over $100 Billion. General Motors will produce about 2.5 million vehicles (in U.S. and Canada) in 2021 and has a valuation of ONLY $92 Billion.
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