If you has purchased $1000 in Rivian stock at the IPO, what would it be worth today?

Rivian Automotive, Inc. (RIVN) went public on November 10, 2021, with an initial offering price of $78 per share. If you purchased $1,000 worth of Rivian stock at the IPO price, you would have been able to buy: $1,000 ÷ $78 per share = approximately 12.82 shares Since you can’t purchase fractional shares in a traditional IPO, you would have bought 12 shares with $936 of your $1,000, leaving $64 unspent. However, for simplicity, let’s assume you could buy exactly 12.82 shares at the IPO price with the full $1,000. As of today, March 13, 2025, the most recent closing stock price for Rivian, based on available data up to March 10, 2025, was $10.96 per share (noting that the exact price could vary slightly depending on intraday trading on March 13, which isn’t fully reflected in the data provided). Using this price: 12.82 shares × $10.96 per share = approximately $140.50 So, if you invested $1,000 in Rivian stock at its IPO price of $78 per share, your investment would be worth approximately $140.50 today, representing a significant decline of about 85.95% from your initial investment. This aligns with broader trends of Rivian’s stock performance, which has seen a substantial drop from its IPO value due to various market and company-specific factors.

Note that stock prices fluctuate daily, and the exact value could differ slightly based on the closing price on March 13, 2025, if it deviates from the $10.96 figure from March 10. Transaction fees or brokerage costs, if applicable, would also reduce the final value slightly, but these are not factored in here due to variability.