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Trucks

Rivian plans 75 million share sale tied to DOE loan

Rivian R1s and R1t electric vehicles at a dealership and service center in San Francisco. (David Paul Morris/Bloomberg) July 7, 2026 at 3:00 pm, EDT key takeaways: Rivian shares fell more than 14% on July 7 after the EV maker announced it was selling 75 million shares. The offering will raise approximately $1.5 billion at

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