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Electric vehicle start-up Rivian soars on stock market debut

Rivian, the electric vehicle maker that has yet to record any meaningful revenue, surged on its Nasdaq debut, with an opening market value of more than $100bn, greater than Ford and General Motors. The company’s shares began trading at $106.75 per share, 37 per cent higher than its initial public offering price and almost four…
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10 November 2021 0

Entergy plans largest expansion of renewable energy in Mississippi’s history

Entergy plans largest expansion of renewable energy in Mississippi’s history Home News Entergy plans largest expansion of renewable energy in Mississippi’s history No posts to display


10 November 2021 0

Twitter embraces crypto

This article is an on-site version of our #techFT newsletter. Sign up here to get the complete newsletter sent straight to your inbox every weekday Introducing: Twitter’s crypto team It’s official, Twitter is embracing crypto. The social media giant has announced a dedicated crypto team, marking the latest push by chief executive Jack Dorsey (a big bitcoin…
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10 November 2021 0

Rivian Automotive: Wall Street embraces venture capital risk in the public markets

If anyone deserves credit for Rivian’s success it could be the two richest men in the world, Elon Musk and Jeff Bezos. On Wednesday, the hyped electric truckmaker began trading after it sold $12bn of stock. Shares opened 37 per cent above the float price for a valuation of $93bn, according to Bloomberg data. That…
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10 November 2021 0