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Posted by
Two Blokes Jul 20 -
Filed in
Stock
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Rivian Automotive (RIVN 6.08%) was on top of the world when it went public in late 2021 at the height of electric vehicle (EV) industry optimism. With a market cap that exceeded $100 billion, the start-up was briefly America's second-most valuable automaker, ahead of Ford Motor Company and General Motors despite reporting almost no sales.