Currently, Rivian hasn't scheduled its IPO. If you want to buy stock, you can do so with pre-IPO secondary markets. While it isn't guaranteed that Rivian will be there, FinMasters listed possible pre-IPO marketplaces that might have already acquired shares, including Forge Global, Equity Zen, and SecFi.
Full Answer
Should you buy into an eventual Rivian IPO?
Nov 08, 2021 · So where can you buy Rivian stock? Rivian plans to go public on Nasdaq under the symbol "RIVN." CNBC reported that a number of investors like Amazon and T. Rowe Price have indicated that they would...
Can you buy Rivian stock?
Jan 07, 2021 · Buy Rivian Stocks. Rivian Automotive Inc. Class A Common Stock is an auto manufacturers business based in the US. Rivian shares (RIVN) are listed on the NASDAQ and all prices are listed in US Dollars. Rivian employs 10,422 staff and has a …
How to invest in Rivian?
Sep 01, 2021 · The following are three other ways to acquire Rivian’s pre-IPO stock: Purchase Rivian stock once it starts trading. Purchase the stock in the middle of the IPO (Initial Public Offering) Look into secondary marketplaces where you can buy Rivian pre-IPO.
How high can Rivian stock go?
Mar 28, 2022 · The Rivian IPO priced an upsized 153 million shares at $78 a share Nov. 9, 2021, above the expected range. The RIVN IPO raised $11.9 billion, giving Rivian an initial valuation of roughly $77 billion.
How to buy shares in Rivian
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Is it a good time to buy Rivian stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Rivian overview
Rivian Automotive, Inc. develops and manufactures electric adventure vehicles. It offers five-passenger pickup trucks and sports utility vehicles. The company provides electric SUVs and electric pickup vehicles. The company was founded in 2009 and is based in San Jose, California.
What is Rivian?
Rivian is a fairly new developer of electric vehicles and other forms of technology and services. It rivals Lucid Motors, Nikola, and Tesla in the growing EV (electric vehicle) market.
Concerns About Buying Rivian Stock
If you’ve been in the investment game for some time, then you have a clear understanding of the risks involved in placing your bets on an IPO.
FAQs About Rivian
Rivian is the latest electric vehicle developer that has its headquarters just outside of Detroit. This company is set to rule the automotive world with the all-electric SUV (the R1S) and its all-electric truck (the R1T).
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Rivian Financial History
Rivian Automotive was founded in 2009 by R.J. Scaringe with the purpose of developing products, vehicles and services with a focus on sustainable transportation. The company currently has several manufacturing locations that include Plymouth, Michigan; Carson, San Jose; Irvine, California; and Normal, Illinois.
Rivian Potential
Many analysts and automotive industry professionals consider Rivian a significant rival to Tesla in the EV market. Also, given the impressive list of its high-profile investors, the potential for Rivian’s IPO could be significant to anyone fortunate enough to buy the shares on the first day of trading.
How to Buy Rivian Stock
The process of a company issuing stock requires an agent to offer the shares to the public. This role is traditionally performed by an investment bank, a broker-dealer or a group of broker dealers and investment banks that initially purchase the shares from the company to distribute to investors.
Is Rivian for You?
While you might not have gotten Rivian shares at the IPO price, you can still buy the shares on the open market.
Methodology
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Post-IPO Expansion
Rivian announced Dec. 16, 2021, that it will open a vehicle assembly and battery plant near Atlanta. The $5 billion project is slated to break ground in the coming months.
Billionaire George Soros, Top Pension Funds Invest
Rivian stock has garnered the attention of other top investors too. Billionaire investor George Soros bought nearly 20 million shares of Rivian stock worth $2 billion in the quarter ended Dec. 31, 2021, according to a Feb. 11, 2022, financial filing . The purchase makes Soros Fund Management one of Rivian's top investors.
Rivian EV Lineup
The R1T electric pickup, which was named the MotorTrend Truck of the Year for 2022, starts at around $67,500, before the $7,500 federal tax credit. The seven-seater R1S SUV goes for about $70,000. The preorder launch editions of the two vehicles sold out at the end of 2020.
Road To Ramp-Up 'Choppy'
Morgan Stanley's Adam Jonas initiated Rivian coverage in December 2021, with an outperform rating and a price target of $147.
Deliveries Delayed
On Jan. 26, 2022, Bloomberg reported Rivian was ramping up production at its Normal, Ill., plant, after the factory had been shut down for a week earlier in the month. The report also said Rivian is now on pace to have nearly 200 delivery ready vehicles a week.
Rivian's Financials
Rivian reported a little revenue in Q3, but steep losses. Sales came in around $1 million and losses were $12.21 per share. Those results are in line with what the company said it expected in a previous SEC filing.
Rivian Faces Fierce EV Pickup Competition
The Rivian R1T is the first electric pickup to market, but not the last.
Rivian Has Developed a Superior Truck
By all accounts, Rivian has developed quite a unique truck. The R1T truck has four permanent-magnet motors mounted at each wheel. This allows the vehicle to produce 835 horsepower and 908 lb-ft of torque. It has a large 135-KW battery pack capable of charging at speeds of 190-kW to 300-kW.
Lack of Positive Short-term Catalysts for RIVN Stock
The specs of the R1T pick-up give Rivian a good chance of disrupting the industry. It will then all boil down to execution risk. Will Rivian be able to scale its production in order to meet future demand? I’ve covered another stock, Lucid Motors (NASDAQ: LCID ), that is in a similar situation.
Your Takeaway
Given the lack of positive news on the horizon, unless we get some surprise announcement, I expect RIVN stock to continue its downward trend.
Online ordering
It’s easy and intuitive to configure and reserve your Rivian online. When it comes time to buy, complete your transaction in minutes from your phone or computer. You can easily appraise your trade-in, secure financing and insurance, manage your title and registration and schedule delivery — all online.
Demo drives
The First Mile program provides different ways to experience a Rivian vehicle. From meeting you at home to start a demo drive to joining us at one of our events, First Mile is rolling out now with a planned expansion of locations every month. Sign up to be notified when we come to your area.
Home Delivery
Once your Rivian has been built to your specs, we’ll schedule a time to bring it to your home or a location of your choosing. A Rivian Field Specialist will give you a comprehensive walk through and we’ll take away your trade-in if you have one.
Assurance
We’re confident you’ll love your new Rivian — but if you change your mind for any reason, you can return it within 1,000 miles or 7 days of your delivery date.¹
Rivian Guides
You will have a personal Rivian Guide with you throughout the entire purchase process, and for as long as you own your Rivian. Your dedicated Guide is here to help with all your questions.
Rivian Financial History
- Rivian Automotive was founded in 2009 by R.J. Scaringe with the purpose of developing products, vehicles and services with a focus on sustainable transportation. The company currently has several manufacturing locations that include Plymouth, Michigan; Carson, San Jose; Irvine, California; and Normal, Illinois. The company also has an advanced manufacturing office in Surr…
Rivian Potential
- Many analysts and automotive industryprofessionals consider Rivian a significant rival to Tesla in the EV market. Also, given the impressive list of its high-profile investors, the potential for Rivian’s IPO could be significant to anyone fortunate enough to buy the shares on the first day of trading. Amazon, for example, is one of the company’s initial investors and it currently has Rivian deliver…
How to Buy Rivian Stock
- The process of a company issuing stock requires an agent to offer the shares to the public. This role is traditionally performed by an investment bank, a broker-dealer or a group of broker dealers and investment banks that initially purchase the shares from the company to distribute to investors.
Is Rivian For You?
- While you might not have gotten Rivian shares at the IPO price, you can still buy the shares on the open market. Now that Rivian is post-IPO, you should keep an eye on the IPO calendarand the news to learn about more offerings coming to the market.