Rivian 100 billion market capitalization myth: the market does not want to miss the next Tesla_SMM
[Rivian hundreds of billions of market capitalization myth: the market doesn't want to miss the next Tesla] Rivian, an American electric car startup, launched on Nasdaq with a high profile on Nov. 10, and its market capitalization quickly surpassed that of established automakers such as Ford and General Motors in just two days. Although the stock price has recovered in recent days, Rivian's market capitalization is still above $100 billion, and Rivian's current revenue is still very limited, but it has created a market capitalization myth that can be recorded in history.
Source: metal.com