Rivian Automotive Down 80% From IPO, Plunges Over 60% In First Year
RIVN•Rivian Automotive’s shares fell over 60% in their first year after its November 2021 IPO, illustrating the downside risk of highly anticipated offerings. The electric vehicle maker now trades roughly 80% below its IPO price, highlighting investor disappointment in its early performance.
1. Rivian’s IPO Debut
Rivian Automotive began trading in November 2021 with a strong initial demand that pushed the stock above its IPO price on day one. This early enthusiasm reflected high retail and institutional interest in the electric vehicle sector.
2. First-Year Investor Losses
Within months of its debut, Rivian’s share price declined over 60% from the IPO level, resulting in significant losses for early investors. The rapid sell-off underscored concerns over production ramp-up and cash burn.
3. Current Trading Levels
As of mid-2026, Rivian’s stock remains approximately 80% below its IPO price, indicating continued skepticism about the company’s growth trajectory and profitability timeline.
