The funding comes as the company continues to renovate a former Mitsubishi plant in Normal, Illinoisto produce its vehicles as well as a line of EV vans, which AmazonIn June, CNBC obtained correspondence regarding a funding round for Rivian, saying the company was raising at least $2 billion with a pre-money valuation at or above $8 billion. At the time, Rivian denied they were raising money.
"We often receive unsolicited investment offers from institutions and individual investors," Amy Mast, public relations director at Rivian, said in a June 9 email. "We have heard this rumor ourselves - it is categorically false. Publishing this would be spreading a rumor that is simply not true."More recently, CEO and founder Robert "R.J.
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