Bloomberg article mentioning Rivian might IPO at $50B late 2021 or early 2022. We’ve all seen these crazy 2020 IPOs double on day going public. IPOs such as Bumble, Palantir, Doordash, Airbnb, C3AI and more double or triple either on day of IPO or a few weeks later. What valuation do you think Rivian will be out roughly on day of IPO or a few weeks after? #ipo #automotive #tesla
My guess is $50B. We've always had an 'under-promise over-deliver' attitude when it comes to marketing. My guess is people are underestimating where we are right now
Would be interested in hearing the logic for those that think over $50B from a fiscal standpoint... Subaru (outdoor centric suv leader) is valued at $15B...
Take off c3ai from that list lol