Rivian Raised $1.5 Billion With 75 Million-Share Offering. Its Stock Still Sank
- Posted on July 7, 2026
- By International Business Times
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- 1 min read
Rivian Raised $1.5 Billion With 75 Million-Share Offering. Its Stock Still Sank
Rivian Automotive shares plunged more than 10% on Tuesday after the electric vehicle maker announced plans to sell 75 million new shares of common stock in a public offering.
