Tech

Hard Exit from Elon Musk to Rivian to be Offered to the Public

Electric vehicle manufacturer Rivian, which has recently taken a place in our agenda with the investments it has received and taking Jeff Bezos to the launch area, shows that it is quite ambitious with the current development. The company will be offered to the public before it has delivered even a single vehicle. Moreover, it is said to be worth $80 billion.

As a startup company Rivian, left the funding rounds it participated in last month quite profitably. In total, these funds 10.5 billion dollar The electric vehicle manufacturer, which has collected 50 billion dollars He said that he aimed to pass and brought many investors to himself.

The company, which attracted attention with Jeff Bezos before, is now facing a very ambitious development. Rivian, which hasn’t even sold a single vehicle yetwill be offered to the public in November. Even more surprising than that, the company is said to be worth $80 billion. The said development Elon Musk’s also caught his attention.

If they made at least 1 delivery without going public:

Rivian

These discussions, Rivian, to the United States Securities and Exchange Commission started to appear after applying. Although it may change according to the Commission’s decision, on 25 November The company, which is expected to be offered to the public, is already at its exit. 80 billion dollars may have value. If that happens, Rivian will be one of the biggest breakout companies this year.

Of course, $80 billion is not a typical number for every new company. In this context, about the company, which is also the focus of great discussions, its rival Tesla founder Elon Musk He also expressed his thoughts.

Tesla

In a statement on Twitter, Elon Musk said that before the company went public, at least $ per billion dollars. at least 1 delivery He made a statement saying that it should be done. Of course, one delivery per billion was also a reaction to the fact that Rivian still hasn’t made any deliveries.

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Other social media users are that companies like Tesla struggle with many difficulties and gain large volumes, while new companies like Rivian by making such moves before offering any more products. He debated whether it was fair to be a rival.