Amazon.. backed electric car maker Rivian to raise $8 billion: sources
... startups with money raised in excess of $0.5 billion over the first four months, including a valuation of $2.5 billion by CEO Todd Anderson. Other investors include BlackRock Inc, Soros Fund Management , Fidelity and Saudi Auto distributor Abdul Latif Jameel Co ALJ While Rivian has been dubbed as the Tesla killer in some quarters, it is still tiny compared with Tesla Inc. that boasts of a market cap of nearly $740 billion and plans to build a pickup truck which would compete with Rivian 's own ...
Updated: 09/15/2021
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