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    RIVIAN SHARES SOAR ON MASSIVE CASH INJECTION FROM VOLKSWAGEN, STARTING IMMEDIATELY WITH $1 BILLION

    Jun 28, 2024 2 minutes

    Shares of Rivian soared 40% before markets opened Wednesday after Volkswagen vowed to invest $1 billion in the struggling electric vehicle maker immediately, and a potential total of up to $5 billion as part of a software development agreement.

    Rivian’s market value soared close to $86 billion shortly after it went

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