• HistorianEvening5919@alien.topB
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    1 year ago

    Rivian was worth 32B for most of 2022, 16B currently. Ford is worth 41B currently. So buying Rivian would be pretty hard to do, given the usual market premium you need to offer.

    • LeBaus7@alien.topB
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      1 year ago

      every time I see these kind of numbers I am completely befuddled. Ford vs. Rivian and even the current “worth” is not even 3x. potential is soooo overrated to me, but who I am to judge, in the end I have no clue.

      • HistorianEvening5919@alien.topB
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        1 year ago

        Growth is very attractive because rarely do stagnant companies become growth stocks and plenty of growth stocks keep growing and growing and growing. I thought Amazon would stop being “overpriced” for like 15 years now. Nope. Always trades at a generous multiple and (generally) keeps growing.

        I’m personally not a huge fan of rivian as a stock but in general this market loves to give growth stocks a massive premium.