From The Motley Fool · Jeff Siegel · · 40s
Rivian $5,000 Investment Prediction
A $5,000 Rivian investment could grow to $10,130 in five years.
In brief
A $5,000 Rivian investment could grow to $10,130 in five years. A $5,000 investment in Rivian Automotive shares today could be worth $10,130 by 2031. Originally reported by The Motley Fool.
Rivian's Current Value
Rivian Automotive trades around $12 per share with a market cap of $18 billion.
R2 SUV Launch
Rivian delivered 19,248 vehicles in Q3, up 45% year over year.
R2 Pricing Strategy
R2 starts at $58,000 with a standard version at $45,000 in 2027.
Uber Partnership
Uber agreed to invest up to $1.25 billion in Rivian through 2031.
Five-Year Target
A $5,000 investment could grow to $10,130 by 2:031.
What to remember
A $5,000 investment in Rivian Automotive shares today could be worth $10,130 by 2031.
