Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Tesla rival Rivian becomes biggest US company by market cap with no sales
short by Hiral Goyal / on Saturday, 13 November, 2021
Amazon-backed electric vehicle startup Rivian Automotive has become the biggest US company by market value with no revenue, Bloomberg reported. Rivian made its stock market debut on Wednesday and its shares have soared 67% since then. It is now the second most valuable automaker in US after Tesla and the world's fourth most valuable automaker in terms of market valuations.
read more at BloombergQuint