Zacks.com users have recently been watching Rivian Automotive (RIVN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Rivian Automotive Inc. RIVN is reportedly set to break ground on the $5 billion production facility in Georgia after facing multiple delays. The company's factory would be spread across a 2,000-acre site an hour away from Atlanta, The Detroit News reported on Monday.
Term sheet signed for Series K; amount undisclosed, valuation reportedly up 61%. Company serves 15,000 customers; funds target product development and AI acquisitions globally. Get more market-moving news first with AI-powered analysis that turns noise into opportunity.