Amazon's stake in Rivian is now valued at $20.6 billion Amazo | Venture Capital

Amazon's stake in Rivian is now valued at $20.6 billion

Amazon seems to like Rivian so much that it decided not to sell the stock at IPO, but instead purchased about $200 million worth of Rivian shares.

It purchased at the offering price of $78 per share, and now the company’s closing price is almost $130. So they've already made $133 million in a few days .