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Nov 10, 2021 · As for who owns it—Rivian owns Rivian. It was founded in 2009 by engineer RJ Scaringe, initially as Mainstream Motors, then briefly as Avera Automotive, based in Scaringe's home state of...
- Rivian
- 6 min
- 2022
Rivian Automotive, Inc., is an American electric vehicle manufacturer and automotive technology and outdoor recreation company founded in 2009.
In November 2021, Rivian went public, listing its shares on the Nasdaq. [ 19 ] Scaringe is chairman of the board and has 9.5% voting power. Additionally, he has complete veto power over board decisions due to his 100% ownership of the company's class B shares. [ 20 ] In total, Scaringe owns about 1.4% of Rivian.
Jun 25, 2024 · Volkswagen is now the second legacy automaker to take a stake in the California-based company. Ford Motor was among Rivian’s largest stakeholders, at roughly 12%, alongside Amazon when Rivian...
Dec 27, 2023 · Upon digging deeper into institutional ownership, Vanguard Index Funds stands out as the top shareholder of RIVN stock, holding a stake of approximately 6.50%. Following closely is...
Nov 10, 2021 · Electric vehicle startup Rivian is now a publicly traded company after executing one of the biggest initial public offerings in history. Rivian shares started trading on the Nasdaq stock exchange...
Jul 2, 2019 · R. J. Scaringe’s company, Rivian, has raised $1.7 billion from Amazon, Ford Motor and others without selling a single pickup truck and sport utility vehicle.