Rivian went public 2 days ago in one of the biggest ever IPOs.
And at the moment shares are trading at over $120 which gives Rivian a $105 Billion valuation.
In this video I will go through this valuation and share my thoughts on Rivian stock.
I will explain a few important points about valuing early stage companies and how to assess a pre-revenue stock like Rivian.
The stock market seems to have gone nuts with Rivian shares and I felt it was time for a little clarity on what's going on.
DISCLOSURE: I DO NOT HOLD AND DO NOT PLAN TO HOLD A POSITION IN RIVIAN.
RIVN $RIVN
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We need to talk about Rivian.
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