rivian Rivian Raises Expected IPO Price Ahead of Highly Anticipated Market Debut Electric vehicle startup Rivian sets its IPO guidance above the initial target range, signaling strong investor demand. The adjusted pricing positions the company for a massive valuation as it enters the public market.
rivian Rivian Targets $60 Billion Valuation in Massive $8.4 Billion IPO Amazon-backed electric vehicle maker Rivian aims to raise up to $8.4 billion through an initial public offering on the Nasdaq exchange. The highly anticipated public debut puts the company's potential valuation as high as $60 billion.
amazon Amazon Reveals 20% Stake in Rivian Ahead of Major EV IPO Amazon officially discloses a 20% ownership stake in electric vehicle maker Rivian, valued at $3.8 billion. The tight relationship highlights both a major financial boon and a significant business risk for the upcoming IPO.
rivian Rivian Stock Surpasses $100 on Strong First Day of Public Trading Electric vehicle maker Rivian closes its inaugural trading day at $100.73 per share after opening at $78. The company also announces plans to direct millions of shares toward climate initiatives.
robinhood Robinhood Stock Falls 8% in Nasdaq Debut Despite $29 Billion Valuation Robinhood starts trading on the Nasdaq under the ticker HOOD but closes down more than 8 percent on its first day. The popular trading app raises close to $2 billion while facing scrutiny over recent volatility-driven losses.
robinhood Robinhood Shares Tumble During Rocky First Day of Public Trading The popular trading app Robinhood experiences a shaky debut on the stock market as its share price drops well below the initial IPO price.
didi Chinese Regulators Crack Down on Didi Over Data Security Fears Beijing forces app stores to remove ride-hailing giant Didi just days after its massive U.S. IPO, citing serious data security concerns.
china Beijing Escalates Data Security Crackdown on Chinese Tech Firms Listing in U.S. Chinese regulators target recently U.S.-listed companies like Didi in a sweeping data security crackdown. New draft rules aim to strictly control how tech giants handle massive amounts of citizen information.
aurora Amazon-Backed Aurora Targets $13B Valuation in SPAC Merger Deal Autonomous vehicle startup Aurora is going public through a SPAC merger, securing nearly $2 billion in combined funding. The deal values the company at $13 billion as it prepares to commercialize its Aurora Driver technology.
aurora innovation Autonomous Vehicle Startup Aurora Targets $13 Billion Valuation via SPAC Merger Aurora Innovation goes public through a SPAC merger with Reinvent Technology Partners Y, securing major investments and aiming for a $13 billion valuation. The deal provides the self-driving company with approximately $2.5 billion in cash to bring its product to market.
aurora Self-Driving Startup Aurora Reportedly Reaches Merger Agreement with Reinvent SPAC Autonomous vehicle company Aurora is reportedly in an agreement to go public through a merger with the special purpose acquisition company Reinvent Technology Partners.
robinhood Robinhood Files for Initial Public Offering on Nasdaq Under Ticker HOOD Robinhood Markets officially submits its S-1 registration to the SEC, taking a major step toward going public. The popular trading platform plans to list its Class A common stock on the Nasdaq.
robinhood Robinhood IPO Filing Reveals Deep Reliance on Meme Crypto and Trading Data Robinhood files for its highly anticipated IPO on the Nasdaq under the ticker HOOD, exposing 18 million funded accounts and massive revenue ties to Dogecoin. The regulatory filing highlights significant business risks tied to market frenzies and payment for order flow.
tusimple TuSimple Partners With Navistar to Build Driverless Trucks TuSimple develops advanced self-driving technology specifically designed for heavy-duty, long-haul trucks. The company partners with major industry players like NVIDIA and Navistar to bring fully autonomous Level 4 trucks to market.
rivian Rivian IPO Makes History as a Top 2021 Market Debut Rivian's highly anticipated initial public offering officially ranks among the largest stock market debuts of the year. The electric vehicle maker's launch highlights massive investor interest in the EV sector.