TechCrunch
Nestled in Rivian’s S-1 IPO filings was a note that the EV company’s “cornerstone investors” had “indicated an interest” in buying up to $5 billion worth of its stock at its IPO price. One of those parties was Amazon, and the American e-commerce giant appears to have pulled the trigger Friday afternoon on its buy. Per a recent Form 4 filing, Amazon bought roughly $200 million worth of Rivian stock at its IPO price of $78 per share.
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S&P 500 3,658.18 +10.89(+0.30%) Dow 30 29,225.05 +90.06(+0.31%) Nasdaq 10,826.28 -3.22(-0.03%) Russell 2000 1,678.42 +15.91(+0.96%) Crude...
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