[dsudot]

Bit confused, number of shares to be issued hasn't been announced has it ?

Impossible to guess at price with any reasonable number, without knowing number of shares

 

[NY_Rob]

I am hoping in the $25-$50 range so us common folk can invest a few $K in something we believe in.

 

[Mr. Gee]

The obvious answer is Shinty-six.

 

[eHauler]

The obvious answer is Shinty-six.

The real obvious...after Tesla I've been waiting for another exciting EV stock.

 

[RivianDoc]

I am hoping in the $25-$50 range so us common folk can invest a few $K in something we believe in.

I don’t believe there would be a difference regarding the price of a share as long as you are able to purchase a whole share rather than share fractions and the total amount is within your budget? Or is there something I am missing?

 

[RivianDoc]

The real obvious...after Tesla I've been waiting for another exciting EV stock.
View attachment 3538

I am not seeing a lot of optimism encouraging early purchase of this stock until they actually have some income and have sold a vehicle other than our refundable orders and Amazon’s contract that can be voided for not making milestones. Have you seen anything encouraging regarding this IPO from the financial sector?

 

[RivianDoc]

Rivian is reported to go public at a $80 billion valuation and the IPO stock price should reflect that, come November when it debuts on the NASDAQ. The IPO date, price range and share number has not been confirmed yet but I'm hoping we can can least make educated guesses on what the opening share price will be initially.

Could it be within the $30 range?

Not sure why this is a question? I never have cared about the price of a stock—only it’s potential to increase in value as a percentage of the price. Am I missing something about how people think an IPO works compared to common stock? I this your first time participating in an IPO?

 

[IntimidatorTJ]

You can't predict stock price because that will depend on the # of shares issued - and the valuation. If they issue only one share and the company is valued at $80 billion, that share will be $80 billion dollars. If they issue 80 billion shares, the price of one share will be one $1 dollar.

But what you can try to speculate on is the valuation of the company.

$80 billion seems like a crazy #______Ford is currently valued at $65 billion.

So Rivian is asking to go public at a company net worth that is greater than Ford Motor Company.

I think, and hope, Rivian will do great. But they are not going to be making 3 million vehicles a year anytime soon. In fact, I think the predictions of when they will get to the point of producing 500,000 vehicles in one year is off in the distant future.

Something to remember, a good company can have a stock that doesn't perform that well.

 

[jimrichard]

You can't predict stock price because that will depend on the # of shares issued - and the valuation. If they issue only one share and the company is valued at $80 billion, that share will be $80 billion dollars. If they issue 80 billion shares, the price of one share will be one $1 dollar.

But what you can try to speculate on is the valuation of the company.

$80 billion seems like a crazy #______Ford is currently valued at $65 billion.

So Rivian is asking to go public at a company net worth that is greater than Ford Motor Company.

I think, and hope, Rivian will do great. But they are not going to be making 3 million vehicles a year anytime soon. In fact, I think the predictions of when they will get to the point of producing 500,000 vehicles in one year is off in the distant future.

Something to remember, a good company can have a stock that doesn't perform that well.

Exactly: Being a homey can get you in trouble just as much as betting on your home football team can. You may want to support them and want them to do well but it has to make money sense. I have heard lots of folks counseling waiting to see what happens here.

 

[RayzorBEV]

I'm calling up to $100 in 2021 : )

 

[eHauler]

Thx for the feedback, sort of a newb at this.
It looks like the information that came out today answered a lot of questions.