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Rivian is months away from launching production at its Illinois factory, but the would-be Tesla of trucks is already valued at nearly $28 billion
Rivian announced another $2.65 billion in funding as the Illinois-built electric truck startup gears up for its June launch.Rivian announced another $2.65 billion in funding as the Illinois-built electric truck startup gears up for its June launch......»»
Amazon-backed Rivian closes $2.65 billion funding round as it prepares to ship its first electric SUVs and pickups
One of the most promising competitors .....»»
How Option Traders Are Playing Ford Following $2.7B Rivian EV Truck Investment
Ford Motor Company (NYSE: F) shares spiked 6.6% Thursday and are now up 18.6% in the past week following news that Ford electric truck startup Rivian raised more than $2.7 billion at a $28 billion valuation. read more.....»»
Rivian raises another $2.65 billion in funding as Illinois-built EV nears June launch
Rivian announced another $2.65 billion in funding as the Illinois-built electric truck startup gears up for its June launch.Rivian announced another $2.65 billion in funding as the Illinois-built electric truck startup gears up for its June launch......»»
T. Rowe Price Invests $1.3 Billion In Rivian EV Startup As It Dumped Tesla In 2019
T. Rowe Price Invests $1.3 Billion In Rivian EV Startup As It Dumped Tesla In 2019 Baltimore-based T. Rowe Price Associates Inc. plowed nearly $1.3 billion in the latest investment round into electric vehicle (EV).....»»
Amazon backed electric truck maker completes $1.3B in funding round
A startup that's building electric trucks that Amazon plans to use for delivery said it's raised $1.3 billion in a new funding round. The round included money from Ford Motor Co., Amazon.com Inc. and others “This investment demonstrates confidence .....»»
New Tesla Rival Lucid Motors Says "Funding Secured"
The promising electric-vehicle startup now has a crucial $1 billion incoming......»»
Rivian makes electric pickups, and is coming for Tesla
The startup also plans to release an SUV. The startup also plans to release an SUV. .....»»
Amazon, GM may buy into electric truck startup
Amazon and General Motors are in talks to invest in Tesla rival Rivian in a deal that would value the U.S. electric pickup truck manufacturer at between $1 blillion and $2 billion, sources tell Reuters......»»
Amazon Leads $700 Million Funding Round in Electric Truck Maker Rivian
Startup electric truck maker Rivian received an infusion of $700 million in new capital in a funding round led by Amazon. First deliveries of the all-electric pickups are scheduled for 2021......»»
Elon Musk"s AI Startup xAI Reportedly Seeks $4B To Challenge ChatGPT-Parent OpenAI — Valuation Could Hit $18B
Elon Musk's AI startup, xAI Corp., is in discussions to raise up to $4 billion in funding, potentially valuing the company at $18 billion, leveraging Musk's track record and high-quality data from his social network, X, to train AI models. read more.....»»
Amount raises $100M at $1B valuation, becoming Chicago’s newest unicorn
A fintech startup that spun out of Chicago-based Avant has raised a mega-round of funding, valuing it at $1 billion and making it Chicago's latest "unicorn" company. Amount announced Tuesday that it raised $100 million in a Series D round led b.....»»
Rivian Follows In Tesla"s Footsteps To Roll Out In-House Insurance Service
Amazon.com Inc (NASDAQ: AMZN)- and Ford Motor Co (NYSE: F)-backed electric vehicle startup Rivian on Thursday announced its own in-house insurance program for customers as it speeds closer to the launch of its firs read more.....»»
StockX Valued 35% Higher At $3.8B In Latest Funding
StockX LLC said Thursday it has raised $255 million in a funding round led by existing investor Altimeter Capital and Dragoneer Investment Group as a new investor, valuing the e-commerce startup at $3.8 billion. read more.....»»
Auto startup Canoo just entered the electric pickup race - here are the coolest features in trucks from Tesla, Rivian, and more
Built-in kitchens, removable roofs, and bulletproofing? When it comes to EV pi.....»»
The Conversation: Want greener cars? Focus on fuel efficiency over electric vehicles
Gas-guzzling pickups and SUVs swamp the climate-change benefits from Tesla and other electric vehicles......»»
Bay Area software startup Harness hits $1.7B valuation with $115M funding
Another San Francisco tech company has signaled its entry into the 2021 unicorn club. Harness, which offers a platform for software delivery, announced Thursday that it has raised a $115 million Series C round, bringing its valuation to $1.7 billion......»»
Robinhood lands $280M in new funding, talks continuing Denver growth
Robinhood Markets Inc. on Monday said it raised $280 million in new funding that pushed the Menlo Park, California-based startup's valuation to nearly $8.3 billion. The amount raised by the company was more than was rumored last month after its popu.....»»
Tesla, Musk must face shareholder lawsuit over going-private tweet
A federal judge said Tesla Inc and Chief Executive Elon Musk must face a lawsuit claiming they misled shareholders when Musk tweeted that he had secured funding to take his electric car company private in a $72 billion transaction......»»
JPMorgan may have made $1 billion on Tesla in two months
The banking titan's investment arm bought more than 2 million shares in Elon Musk's electric-car startup before its stock price skyrocketed......»»