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Space Florida's incredible shrinking Rivian stake – TechCrunch - Vimarsana News

Space Florida's incredible shrinking Rivian stake – TechCrunch

It would have been a legendary payoff for any investor, let alone a public agency: swapping an undrivable car for a multibillion-dollar stake in a hot new EV startup. Until last year, Space Florida, the state’s economic development agency for aerospace, believed that it owned 3% of Rivian as a result of a canny lease-back […]