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> Earlier this week, Reuters reported that Amazon and General Motors were both expected to invest in Rivian, "in a deal that would value the US electric pickup
by mcintyre1994 7y ago
> Earlier this week, Reuters reported that Amazon and General Motors were both expected to invest in Rivian, "in a deal that would value the US electric pickup truck manufacturer at between $1 billion and $2 billion."
Assuming that valuation is vaguely accurate they must own a pretty decent chunk of the company too.
- csours 7y agoGM wound up not investing, but Ford did invest. Disclaimer: I work for GM, I have no knowledge of this deal, any opinions are my own.