WebFeb 3, 2024 · Ford, as of the end of last year, still owned about 11 million of its initial 101.9 million shares of Rivian. The company declined to comment on plans for the remaining shares, which still made ... WebNov 10, 2024 · At its opening price, Rivian had an implied valuation of $91 billion. That puts Rivian past the market cap of Ford ($77 billion) and on par with General Motors ($86 billion). It's still worth a ...
Ford And Rivian Abandon Collaboration To Create Electric Vehicle - Forbes
WebOct 23, 2024 · It Sold Ford and GM. A large European asset manager has made big changes in its largest U. S-traded stock investments, specifically in auto manufacturers and a chip maker. DNB Asset Management, a ... WebNov 10, 2024 · At the very least, Rivian is proving to be a good investment—Ford's stake in Rivian is about 13 percent, and the roughly $1.2 billion invested was worth about $9 billion when trading began. today\u0027s milwaukee brewers game
How Ford Beat General Motors To Rivian Investment - GM Authority
WebOct 10, 2024 · NEWS: Ford is selling 8 million Rivian shares, with the insider lockup for the stock set to expire on Sunday, sources told CNBC’s David Faber. Ford currently owns … WebNov 15, 2024 · Rivian R1T pickup. Ford eventually agreed to invest $500 million in Rivian before upping the ante in later funding rounds for a total investment of $1.2 billion. Ford’s 12 percent stake in ... WebOct 13, 2024 · Ford, which holds a stake greater than 5% in Rivian according to a filing with the U.S. Securities and Exchange Commission, had a seat on the Rivian board when it was a private company, but that ... pens university in indonesia