Hi All, I’m a newbie to this forum (but an experienced EV owner) –and hopefully a future Rivian owner. As Rivian gets ready for IPO, I was wondering if there is a space in this site to discuss investment ideas. I couldn’t find a dedicated group/forum. So I thought I ask in case such discussions are not appropriate here! Thanks.
I am equally excited for it only the delivery of my R1S but also participating in the IPO in November. Hopefully Rivian will have an update on total deliveries of the R1T and Amazon vans against preorders prior as well. What I found interesting in reading the S1 on page 13-14 is that it appears Rivian is holding stock (at I assume list price) for anyone that is a preorder holder as of Sept 30. This document was filed in October 1.
This is huge!! I never heard of a company doing this before, and RJ and teams loyalty to allow it’s reservation holders to participate in IPO. I hope Kyle, Jimmy & Skyler do a YouTube episode on this and any insight from Rivian or stock expert???
Projecting 1B loss, its gonna be tough to invest without having lot of deliveries. Its not only R1T/R1S being delayed, even amazon vehicles are delayed. Looks like there are some serious hurdles need to be crossed , I think this will be similar to Affirm price movement.