Episode 84: 🚙RIVIAN IPO, ROBLOX OUTAGES, 🛰AMAZON SATELLITE INTERNET

Electric vehicle start-up Rivian Automotive is targeting a market valuation of as much as $54.6 billion in its upcoming initial public offering, according to its amended prospectus filed Monday. The company said it plans to offer 135 million shares priced between $57 and $62, with an option for underwriters to purchase up to 20.25 million additional shares. At the high end of that range, Rivian would bring in roughly $9.6 billion in its market debut, assuming underwriters exercise that option. Elon Musk is now worth more than $300 billion, and he’s apparently ready to start spending. The Tesla and SpaceX CEO — whose net worth has ballooned by more than $140 billion this year, thanks largely to the skyrocketing value of his electric automaker — tweeted Sunday that he was willing to consider a proposal from a United Nations official who said that a $6 billion donation from one of the world’s wealthiest people could help stop world hunger. Last week, David Beasley, the director of the UN’s World Food Program, told CNN that it was time for the ultra-wealthy to “step up now, on a one-time basis” in order to “help 42 million people that are literally going to die if we don’t reach them.” He specifically mentioned Musk and Amazon CEO Jeff Bezos, the two richest men in the world. Amazon aims to launch its first Project Kuiper internet satellites in the fourth quarter of 2022, the company announced Monday. The technology giant filed a request with the Federal Communications Commission to launch and operate its first two prototype satellites, called KuiperSat-1 and KuiperSat-2. Amazon said the satellites will launch with ABL Space on its RS1 rocket. 📚Books: https://www.amazon.com/s?k=reginald+seay&crid=XNP2FB40Q3TH&sprefix=reginald+seay%2Caps%2C232&ref=nb_sb_noss 📚 Course: https://market-marauders-complete-guides.teachable.com/p/the-complete-guide-to-cryptocurrency 📚Website: www.marketmarauders.net 🦩Twitter: @yourequest 😎Instagram: market_marauders 📧Email: [email protected] 🚧 DISCLAIMER🚧 I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read and/or view and/or hear on the channel.