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Fortune
Fortune
Marco Quiroz-Gutierrez

Rivian’s CEO ignored Elon Musk and trusted in Jeff Bezos during the company’s $5 billion victory

(Credit: Alisha Jucevic—Bloomberg/Getty Images)

Rivian CEO RJ Scaringe has always been a go-getter, but he didn’t become successful all on his own.

As a 26-year-old, Scaringe put it all on the line to launch an electric vehicle company, but he also took money that his dad had offered him after refinancing his home. The company had a strong thesis for the EV of the future, but Scaringe couldn’t have made it a unicorn without the billions of dollars contributed by investors that believed in him.

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