Rivian announces USD 2.5 billion funding round as it prepares 3 launches for 2021

On July 10, Rivian announced it has just closed an investment round of USD 2.5 billion, its first in 2020.
Participants in this investment round include Soros Fund Management LLC, Coatue, Fidelity Management and Research Company, and Baron Capital Group.
Existing shareholders Amazon and funds managed by BlackRock al....

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