StarFoxisDown!
Well-Known Member
In other news, this guys is really starting to show his shady colors. He's just as bad as the rest of wall street.
"He said he doesn't have a position in Rivian. But SoFi, a trading platform that merged with a Palihapitiya SPAC earlier this year, had the rights to sell retail investors a small amount of Rivian stock during the company's IPO."
How about you don't compare Rivian to Tesla. Tesla never had a market cap anywhere close to Rivian's when it IPO'd and had no revenue.
Chamath Palihapitiya defends Rivian's $110 billion market cap, and says the EV startup's critics remind him of Tesla bears
Billionaire investor Chamath Palihapitiya said Rivian had "done a very smart path to market" by booking in pre-orders from Amazon.
markets.businessinsider.com
"He said he doesn't have a position in Rivian. But SoFi, a trading platform that merged with a Palihapitiya SPAC earlier this year, had the rights to sell retail investors a small amount of Rivian stock during the company's IPO."
How about you don't compare Rivian to Tesla. Tesla never had a market cap anywhere close to Rivian's when it IPO'd and had no revenue.