Rivian Market Capitalization Received $3 Billion Boost Joining Forces With Mercedes
IRVINE, Ca. - Rivian just added almost $3 billion to its market capitalization in a day, and all it took was a fairly bare-bones deal with Mercedes-Benz. The upstart and Mercedes-Benz will join forces to build big electric vans in Europe “in a few years,” the two revealed Thursday, sending Rivian shares soaring 11 percent, their biggest jump in four