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Thndr Claps » U.S. Claps » Investment📈 » Billionaire George Soros Buys Stake in Rivian

Billionaire George Soros Buys Stake in Rivian

by Shams Abbas
February 15, 2022

Billionaire investor George Soros bought nearly 20 million shares of electric truck startup Rivian (NASDAQ: RIVN).

More Details🧐 The shares Soros bought were worth $2 billion at the time, making Soros Fund Management among the most prominent investors Rivian. Rivian’s also expected to provide Amazon (NASDAQ: AMZN) with more than 100,000 electric trucks. 

Why is this Important🤔 The electric vehicle maker’s stock jumped 7.87% following the Soros Fund acquisition.

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