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Latest Rivian Stock IPO News
10/08/2020: Amazon debuts electric delivery vans created with Rivian
10/06/2020: The Rivian R1T electric pickup is running in the Rebelle Rally
09/27/2020: This Is How Rivian Prepped the Electric R1T for Ewan McGregor’s Long Way Up
08/08/2020: Rivian R1T Electric Pickups Take 13,000-Mile Road Trip for TV
08/03/2020: Electric truck maker Lordstown Motors is going public (IPO using a special purpose acquisition company, SPAC)
07/27/2020: Rivian’s Electric Truck and SUV Arrive Next Summer
07/23/2020: Tesla sues Rivian for allegedly stealing secrets, poaching employees
07/10/2020: Rivian announces $2.5 billion investment round led by T. Rowe Price
07/10/2020: Rivian raises $2.5 billion in aggressive plan to beat Tesla and Nikola with the first all-electric pickup
Nikola Fails to Reveal the Actual Reservations for Its Badger Electric Pickup Truck – the Stock Is Tanking
Elon Musk’s New Nemesis: Rivian Founder R.J. Scaringe Has A $3 Billion War Chest And Tesla In His Headlights
Rivian’s Amazon electric delivery van still on track as factory reopens
Rivian trademarks two new vehicles: What could they be?
What is Rivian?
Rivian is an electric vehicle manufacturer focused on up-heaving the market for consumer pick up trucks, SUVs, and delivery vans. The company rivals Tesla, Lucid Motors, and Nikola in the expanding electric vehicle market, which is set for explosive growth in the next decade.
It was founded by R.J. Scaringe, who earned a Ph.D. from MIT in mechanical engineering and was a member of the automotive laboratory.
Rivian has raised more than $3 billion in venture capital funding as of mid-2020. Prominent investors include BlackRock, Ford, T.Rowe Price, and Amazon.
The company is based in Plymouth, MI.
Is Rivian Publicly Traded?
No, the company is privately owned. The shareholders are made up of the founders, large corporations, early investors, and employees.
You can find a complete list of Rivian investors at Crunchbase.
When is the Rivian IPO date?
The Rivian IPO date is currently unknown. It’s unlikely that Rivian will file for an IPO until it starts producing vehicles. Private funding has covered its employee and development costs so far.
As long as private funding is available, a Rivian IPO will not be necessary. However, early investors will eventually want to cash out, and the best way to do that is an IPO. It’s inevitable.
We won’t know the date until one of two things happens:
- The Rivian IPO date range leaks to the financial press
- The SEC releases a publicly-available Rivian S-1 filing
Even when the company and SEC publicly release the S-1 filing, we still won’t know a firm date. However, the IPO date typically occurs a month or two after the S-1 releases to the public.
Because Rivian is a so-called unicorn, you can be sure that the Rivian IPO date announcement will be loudly publicized. Especially after the rise in Tesla stock and the reception of rival electric truck company, Nikola.
What is the Rivian Stock Price?
Since Rivian is not publicly traded on a stock exchange, there is no Rivian stock price yet.
What is the Rivian Stock Symbol, Rivian Ticker?
Rivian has not yet submitted public filings to the Securities and Exchange Commission. Therefore, it is not yet known what the Rivian stock symbol will be. We can only speculate about the Rivian ticker.
Here are three suggestions, all of which are available in the U.S.:
What if There’s a Rivian SPAC?
A SPAC is a special purpose acquisition company, also known as a blank check company. They are shell companies designed to help established businesses go public without a traditional IPO.
The SPAC company merges with the established company and takes on the established company’s name. It’s also known as a reverse merger.
SPACs have become popular recently after Virgin Galactic, Lordstown Motors, and Nikola used them to become publicly traded companies.
Using a SPAC to go public allows the company to skip the complicated and expensive IPO process. SPAC founders call companies like Rivian to convince them it would be a smart move.
However, as we’ve seen with Nikola, not all companies are ready to be public, especially when there is no revenue.
If Rivian continues to be well managed, I expect the company will avoid the SPAC route in the near-term because it is fully capable of raising capital as a private company.
When early investors and employees need liquidity, and the company generates more significant revenue, the company will decide on the best way to go public — a traditional IPO, direct IPO, or SPAC merger.
Will Rivian Stock be a Motley Fool Stock Advisor Recommendation?
We won’t know until after the IPO if Rivian will be a Motley Fool Stock Advisor recommendation. However, Rivian stock fits the mold of high-growth, disruptive business models that the Fool typically recommends.
Considering the Fool’s early Tesla buy recommendation, I wouldn’t be surprised if Rivian stock becomes a top pick after the IPO.
When the Motley Fool recommends a company, there is usually an immediate spike in the price. Fool newsletter subscribers are notoriously long-term minded and rarely sell, meaning the stock price will continue to rise.
Rivian may also receive a recommendation by the Motley Fool Rule Breakers newsletter or other premium services. Both services have handily beaten the broader market since the early 2000s.
Read this Motley Fool Stock Advisor review to learn about their stock selection methodologies and about how you can participate in excellent returns.
Stock Advisor is currently half-off at just $99 for an annual subscription if you use the button below. There’s a 30-day full refund period if you don’t like it.
Can you Buy Rivian Stock? Three Potential Ways
It is challenging to acquire shares of a stock that is not yet trading on the public markets. It is possible, but you may not be eligible, and it may not be worth the hassle.
For example, if you look at Uber stock, individual investors salivated for years, waiting for it to trade publicly. When it finally went public, the stock price fell. So you were better off waiting to buy the stock instead of buying it before the IPO.
There are three ways you may be able to acquire shares of a pre-IPO stock such as Rivian.
- Buy Rivian Stock in the Initial Public Offering (IPO)
- Buy Rivian Stock After it Begins Trading
- Buy Rivian Stock in Pre-IPO Secondary Marketplaces
1. Buy Stock in the Rivian Initial Public Offering (IPO)
Ambitious investors can position themselves to invest in the Rivian IPO. In the past, IPO investing has been challenging for regular investors to gain access. However, the marketplace is changing.
IPOs have always been available to the wealthiest customers of the leading brokerage firms. That’s great if you’re wealthy. Certain online brokers are better for IPO investing than others.
Financial technology is changing the way ordinary investors can invest in IPO. You can now invest in IPOs.
The top broker for accessing IPOs today is TradeStation.
TradeStation has partnered with the IPO investing app ClickIPO to give its customers seamless access for IPOs and follow-on offerings.
ClickIPO is a smartphone app that is available now from the Apple store. The company empowers ordinary investors to invest in IPOs and secondary offerings through their existing brokerage account.
This promising new app is available to all U.S. based investors today for research and reserving IPO shares. Link your existing online brokerage at TradeStation to get started immediately.
A second broker called Webull has partnered with ClickIPO to bring direct IPO access through its investing app. Webull is a smartphone-first broker similar to Robinhood.
But unlike Robinhood, Webull offers free access to IPOs.
You can start buying IPOs once you deposit your first $100 to Webull.
For a complete list of IPO-friendly online brokers and their eligibility, check out this page. Fidelity, TD Ameritrade, and Schwab are the most likely to receive allocations for their customers.
Click here to download the free 15-page eBook, How to Invest in IPOs – A Fundamental Guide for Ordinary Investors.
2. Buy Rivian Stock After the Rivian IPO
Since acquiring pre-IPO shares is delicate and usually reserved for wealthy (accredited), and nimble investors, the most likely way you’ll ever own the stock is to wait patiently for the IPO to complete.
In many cases, investors can get in at a price at or below the IPO price. This is not always true. The Beyond Meat IPO, for example, soared and never looked back. But Uber, which many predicted to rise steeply, actually fell on the IPO date.
The moral here is that spending significant effort to own a company before the IPO may not be worth it in the end. You may also spend time and effort to obtain shares, but only receive a small allocation. Even if the stock soars, your upside gain may be limited.
Your best chance to own the stock is by waiting for the IPO and making a purchase of Rivian stock through a no-fee online brokerage account. You can open the account well before the IPO, then place your first trade to learn how to buy shares of a company.
I recommend starting with a company you know well. If you like Starbucks, for example, buy Starbucks stock.
So what is the best online brokerage for buying Rivian stock?
As an individual investor, you’ll want to open an account with a commission-free online broker. That way, you’ll invest most of your money instead of waste it on fees.
I’ll go over one of my favorites below. It has very reasonable fees and will make it easy to buy Rivian stock once it begins trading on open stock markets.
What is the Best Online Broker to Buy Rivian Stock after the IPO?
If you’re looking to attempt to participate in the IPO, TradeStation and Webull are your best bets. On the contrary, long-term investors may prefer an online broker that’s better for dollar cost averaging and dividend reinvestment.
I’m a big fan of the online brokerage M1 Finance. M1 Finance is a reliable and robust, no-fee online broker for beginner to intermediate investors. It’s easy to get started.
As your investing skills and portfolio mature, M1 is one of the best platforms to scale.
Investing in stocks is 100% free on the platform. They also offer an integrated checking account and low borrowing rates. Read my complete M1 Finance review here.
M1 Finance does not offer IPO access. But it’s my favorite for every day investing.
The platform is more intuitive than old school brokers because it’s built on a modern technology platform. You create portfolio “pies” that contains all the stocks and ETFs you want to own and in what percentages. Simply add Rivian stock to your portfolio pie.
3. Buy Rivian Stock in Pre-IPO Secondary Marketplaces
Founders, early employees, and investors often find themselves in a difficult predicament. They own valuable shares of a company that doesn’t trade publicly.
These shareholders might have multi-million dollar net worth’s because of their stock holdings, but the stock is not liquid because it doesn’t trade on an exchange.
Both sites bring liquidity to an otherwise illiquid asset. Accredited investors may join these sites and attempt to buy shares of these companies when they become available.
The shares are only offered to accredited investors because the company’s financials are not publicly filed with regulators yet, increasing the risk to investors.
For High-profile companies, demand is high, lowering your chances of acquiring shares, if you’re accredited.
One last possibility is a directed share program. Sometimes when companies file their S-1 SEC filing (to begin the IPO process), they include a directed share program for executives, affiliates, and other people who helped the company grow.
Because of that, it’s possible it would offer IPO shares to early Rivian car buyers. This isn’t a reason to buy their vehicles, but it would be interesting if it happened.
We’ve seen this happen before. In particular, Uber offered shares to drivers that completed a certain number of trips. GoPro offered shares to their email subscriber list.
For ordinary investors, it will be difficult to acquire pre-IPO Rivian shares. If you’re determined, follow the pre-IPO marketplaces and pay attention to any offerings. You must be accredited to invest this way.
Otherwise, you’ll need to wait for the IPO date to buy shares.
But that’s not necessarily a reason to be disappointed. Google’s shares rose 18% on the day of its IPO. Many people probably sold that day. Had they held for the next decade, their holdings would have been up 1,000%.
When the Rivian IPO is near, please perform due diligence on the SEC S-1 filing and don’t buy Rivian stock with money you can’t afford to lose.
Disclosure: This web page contains affiliate links from our partners. If a reader opens an account or buys a service from a link in this article, we may be compensated at no additional cost to the reader. Opening an account with a broker that provides access to IPOs does not guarantee the customer allocations of specific IPOs.
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