Do you think an IPO is in the offing, or do their backers have sufficient additional capital, or will they be looking for additional private money?
My guess is that Rivian will stay private, raising money on the private market for the next couple of years at least.
Rivian - Electric Adventure Vehicle - Fully Charged
Unlike when Tesla started, there is a deep private market investment pool right now, and as Tesla has proven, being public may bring more grief than positives.
- Dec 5, 2018
But until they can show they are delivering this won't happen. The investors will want their money back and more, and the best way to do this is through an IPO.
My thoughts are 2022-2023 at the earliest.