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Benzinga
Benzinga
Business
Chris Katje

Rivian Wants More Cash — And So Does This Early R2 Buyer, At $20K Over Sticker

Rivian R2 Rivian Automotive RIVN electric vehicle
Rivian Beats on Revenue

Rivian Automotive (NASDAQ:RIVN) stock is trading lower over the past week with news the company was raising $1.2 billion via an offering of 75 million shares. It turns out it’s not just the company trying to raise money after initial deliveries of the R2 vehicle, one early owner of the highly anticipated electric vehicle is also trying to cash in.

Rivian R2 Sees Early Demand

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