WSJ Tech News Briefing · Tuesday, July 7, 2026

Rivian Discloses Plans for Stock Sale to Fund Corporate Purposes, Including DOE Loan

Electric vehicle manufacturer Rivian has announced plans to sell 75 million shares of common stock. The proceeds will be used for general corporate purposes, including meeting equity requirements for a US Department of Energy loan aimed at supporting the construction of its new EV manufacturing facility in Georgia.

tickerRIVNcompanyRiviancompanyUS Department of Energy

The tape

2 quotes

“Electric vehicle maker Rivian has disclosed plans to sell 75 million shares of common stock.”

Anthony Benci

“The automaker said it'll use the proceeds from the sale for general corporate purposes, including equity requirements for a US Department of Energy loan meant to support construction of its upcoming EV manufacturing facility in Georgia.”

Anthony Benci

Heard on WSJ Tech News Briefing — “TNB Tech Minute: Amazon Will Issue at Least $25 Billion in New Bonds”, published Tuesday, July 7, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.

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