Official: Rivian IPO priced at $78 per share (@ $77 billion valuation)!

[vorton]

I can't think of anything to say that wouldn't start some sort of forum riot, so maybe I'll skip the question.

I can't believe it was even asked. Hopefully that's an attempt at humor.

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[stumptown85]

Did you get an email?

God I hope they still plan to drop the email tonight. 7am EST is brutal for us on the west coast.

 

[Babbuino]

God I hope they still plan to drop the email tonight. 7am EST is brutal for us on the west coast.

And midnight is kind of shitty for us on the east ?

 

[Zoidz]

Did you get an email?

Go to your invitiation email and login to that link. Check the text near the bottom of the page - third bullet (not the pop up).

 

[bac4uw]

And midnight is kind of shitty for us on the east ?

It does feel like a bit of a purposeful squeeze, doesn't it?!

 

[eggpaul]

New deadline for confirmation, tomorrow at 7am EST (Nov 10th).

What? Little tough for the west coast if they figure this out at 2 am

 

[jennq]

The institutions have all the sway. We peasants just have to ride it out

 

[Silver9k]

I guess I'm glad I'm not the only one who just doesn't see this much value in Rivian yet. I just can't see how they could have a valuation higher than a company like Ford and have barely started producing any vehicles. Sure the potential is there, but the risk is just too high (for me) right now. Maybe by Jan/Feb time frame if they actually start producing at a decent rate? Love the products, and maybe I'll miss out on a nice xmas bonus, but here's another 175 DSP shares that won't be purchased. Just seems like they're being greedy with the IPO...imo.

 

[SeaGeo]

And midnight is kind of shitty for us on the east ?

I’ll trade midnight for 4 am any day.

 

[Babbuino]

I’ll trade midnight for 4 am any day.

What would the 30 year old me think about preferring mornings to nights..

 

[SeaGeo]

I guess I'm glad I'm not the only one who just doesn't see this much value in Rivian yet. I just can't see how they could have a valuation higher than a company like Ford and have barely started producing any vehicles. Sure the potential is there, but the risk is just too high (for me) right now. Maybe by Jan/Feb time frame if they actually start producing at a decent rate? Love the products, and maybe I'll miss out on a nice xmas bonus, but here's another 175 DSP shares that won't be purchased. Just seems like they're being greedy with the IPO...imo.

ford, as an example, has massive costs (debt, pensions, etc), and it’s generally going to cost them more to produce a car at the moment than Rivian or Tesla.

No reason to invest without being comfortable about it though.

 

[Diddy123]

Yet another shit show experience with Rivian and deadlines.

What a joke.

 

[SeaGeo]

What would the 30 year old me think about preferring mornings to nights..

Hey! I’m a little older than that!

 

[brainf18]

 

[Zoidz]

Yet another shit show experience with Rivian and deadlines.

What a joke.

Pretty sure this is MS, not Rivian, calling the shots right now.

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