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The Most Important Thing

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Rivian and Lucid deliver their first EVs, which one has the better chance of success? Rivian is the Amazon- and Ford-backed e-truck company that plans to go public on Wednesday. It's targeting a $60B IPO valuation — just $8B shy of Ford's market cap, though Rivian had zero sales in the first half of 2021. Lucid makes luxury EV sedans and went public in July.
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