Billionaire investor George Soros bought nearly 20 million shares of electric truck startup Rivian Automotive in the quarter ended Dec. 31, securities filings showed $RIVN
Billionaire investor George Soros bought nearly 20 million shares of electric truck startup Rivian Automotive IncA Rivian R1T pickup is parked outside the Nasdaq Market site in Times Square in New York City, U.S., November 10, 2021.
Brendan McDermidThe 19,835,761 shares, worth about $2 billion at the time, makes Soros Fund Management among the most prominent investors in the company. Rivian, which is 20% owned by Amazon.com Inc , is expected to provide the e-commerce company with more than 100,000 electric trucks.
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