How much would you invest in a Rivian IPO?

[MIG]

My Tesla stock will purchase my Rivian.

I'm down six Rivians in the last month. September is always cruel. Unless October-November bounces back a bit, I'm backing off the market for a whiel.

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[windrider]

TSLA had a 5 for 1 split, and is trading a little above $800 today
Cost basis of $3.40 ($17/5) to a (as of this moment) $802 share price is a 23,588% gain.

In your example, those original 58 shares ($986) would now be 258 shares worth $232,580

I think it's important to focus on valuation rather than stock price when hoping to make any comparison of Rivian to Tesla regarding their IPOs. Tesla was valued at $1.7b based upon their IPO pricing (per a quick search). Compare that to Rivian's $80b valuation and already Rivian is starting with a 47x higher valuation compared to Tesla at IPO. Now use that to adjust your return expectations (forgetting that Rivian will have much more competition than Tesla did early on) and instead of 25,588% you end up with around 544%. Still not a shabby return for around 10 years in market, but I wouldn't expect even close to the same returns on shares as Tesla just given its much higher starting valuation.

Not saying it will be a bad investment in the long run, and I'm super excited for everything they're doing, but want to make sure anyone reading is focusing on reality rather than dream comparisons......

 

[Kat]

My Tesla stock will purchase my Rivian.

That’s my plan as well!!?

 

[Sgt Beavis]

Well, I'm in for $10K. I'd like to get in on the DSP but I'm guessing I got my pre-order in way too late. But that's OK. I think they've got a solid product and the Amazon investment makes me think there is a lot of upside on this company over the next decade.

 

[zor]

Well, I'm in for $10K. I'd like to get in on the DSP but I'm guessing I got my pre-order in way too late. But that's OK. I think they've got a solid product and the Amazon investment makes me think there is a lot of upside on this company over the next decade.

10k is the max, no? At least it was for me...

 

[MIG]

10k is the max, no? At least it was for me...

For the program. It's actually a decent allocation. You can jump in the next day and buy as many shares as you want - for a price.

 

[moosehead]

Invest in the Rivian IPO?

 

[St Bernard]

Invest in the Rivian IPO?

Based on Lucid’s price this morning the Market cap($73b) is 10% higher than RIVIAN at the proposed opening price. They have 14,000 reservations. Doesn’t make sense.

 

[DaveA]

Based on Lucid’s price this morning the Market cap($73b) is 10% higher than RIVIAN at the proposed opening price. They have 14,000 reservations. Doesn’t make sense.

Lucid has over 1 billion shares outstanding as well. Rivian shares are very few and highly sought after it appears. This could get ridiculous and I don't want to miss it. If it tanks, such is life. I'm in for the long ride.

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