Bloomberg Businessweek cover image

The End of the Free-Money Era

Bloomberg Businessweek

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Ford and Rivian - It's a Liquidity Event for Them

The lock up expired sunday night. 720 million shares became available to sell, essentially to trade. You know, you're flooding the market with available si. The thing is, like a lot of these investors, they've held the private stake well before the ipo took place. A it's a liquidity event for them. But this cunnisom confusion, like ford selling some of its overal stake when the shares just really depressed from where they were at the ipo. It's, from what i'm hearing from insiders, it doesn't make a lot of sense to some people.

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