Ford Sees $8.2 Billion Gain on Its Investment Following Rivian’s IPO

Ford Sees $8.2 Billion Gain on Its Investment Following Rivian’s IPO

(Bloomberg) -- Ford Motor Co. expects to record a gain of $8.2 billion in the fourth quarter on its investment in Rivian Automotive Inc. after the electric-truck maker’s blockbuster initial public offering late last year.

Most Read from Bloomberg

Microsoft Buys Scandal-Tainted Activision in Bet on Metaverse