E*trade is now participating in the IPO.
Keep an eye on the price finalization. If it goes down or up, that’s going to be a good indicator of demand at the current ask.
You can now state interest and declare requested shares on SoFi for those interested.
Edit: Just noticed it also got mentioned at the end of another Morgan Stanley thread. Feel free to delete this thread admin.
The $8b was in reference to the funds they are raising. Keep in mind they not only have to convince people it’s worth buying at $80b, but they also need to get them to buy $8b in new shares at that price.
You all are fishing for an answer you won’t get. It appears people want Rivian to some how fess up to a number larger than 50%.
That 50% is likely worst case because if you overlay the power curves of an electric motor and an ice engine, they don’t match at high torque. ICE motors lose...