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I find it fascinating that Rivian's market cap, at current ca. $38 per share, is a whopping $33B, while Porsche's IPO target is a market cap of ca. $75B. VW's market cap is ca. $87B! (Ford is ca. $60B!!)
I own RIVN so I want the stock to do well ... but going to $75 per share without some very significant milestone seems outlandish. That's why I think it will take a few years to get there.
I own RIVN so I want the stock to do well ... but going to $75 per share without some very significant milestone seems outlandish. That's why I think it will take a few years to get there.
