Rivian founder and CEO RJ Scaringe has transferred a portion of his ownership stake and voting power as part of a newly settled divorce proceeding, according to a regulatory filing.
Scaringe moved about 4 million in shares and 6 million in options to his ex-wife, Meagan Scaringe, on July 9 as part of the settlement, the filing shows. At Rivian’s current stock price, those shares and options could be worth roughly $130 million, though they have varying strike prices that would affect the total return if sold. The change in stock ownership comes at the end of a two-year-long divorce proceeding, court documents show.
Scaringe owned more than 15 million shares of Class A stock and nearly 8 million Class B shares when the company submitted its annual proxy report April 29. As a result of the transfer, Scaringe’s voting power has slipped from 7.6% earlier this year to around 4%, the lowest since Rivian’s 2021 IPO.
The shift in stock ownership doesn’t have an impact on Rivian’s business or operations, according to the company.
In an official statement emailed to TechCrunch, a spokesperson said “RJ and Meagan finalized their divorce. They will continue to prioritize co-parenting their children.”
The settlement comes at a pivotal time for Rivian. Rivian has redesigned its R1S SUV and R1T truck in a bid to lower manufacturing costs, while improving performance of its flagship vehicles. However, the company is banking on the next addition to its lineup — the highly anticipated R2 SUV that has a $45,000 base price — to grow sales. That vehicle won’t go on sale until the first half of 2026.
The ownership structure of Rivian has shifted since its IPO in 2021. At that time, Amazon and Ford were among the largest stakeholders. Today, Ford is essentially out and Volkswagen Group has emerged as a major player.
In late 2024, Rivian entered into a joint venture valued at $5.8 billion with Volkswagen focused on software and electrical architecture. Rivian has provided technology and employees to the joint venture, while Volkswagen has largely contributed money in the form of share purchases and convertible debt.
As a result, the German automotive giant now owns 12.3% of Rivian, according to a recent filing. That puts it slightly behind Amazon, which owned 14.2% of Rivian as of the April 2025 proxy filing. That’s enough to give Amazon the most voting power of any single shareholder: 13.3%. (Ford and T. Rowe Price also used to be major shareholders after the IPO, but have since sold down their stakes.)
Scaringe’s ownership stake in Rivian was 2% prior to the divorce settlement, according to the proxy filing. But he had a 7.6% share of the voting power, thanks in part to the Class B stock, which comes with 10 votes per share. (Rivian’s Class A stock only comes with 1 vote per share.) The transfer of shares and options in the settlement cuts his voting power to around 4%.
Unlike many high-profile tech founders, Scaringe never had a tremendous amount of voting power post-IPO. The most he wielded was 9.2% in 2022. That figure remained unchanged in 2023, fell to 8.7% in 2024, and again to 7.6% in 2025 following the Volkswagen investment.
The Class B stock included in the settlement was automatically converted into Class A stock, meaning Scaringe’s ex-wife will not likely have much voting power relative to other shareholders if she maintains the holding. A lawyer representing her did not respond to a request for comment sent over the weekend.
The CEO and founder still controls a mix of around 50 million shares, options, and Restricted Stock Units, or RSUs. As those fully vest, his ownership stake and voting power could go back up.
Scaringe founded Rivian in 2009, and he was married in 2014. He took Rivian public in 2021.
Records obtained from Orange County Superior Court show that he filed for divorce in October 2023, with his ex-wife agreeing to separate in another filing one month later.
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![Scientists Say Some Black Holes Are Born From Other Black Holes
Since LIGO’s Nobel-winning discovery of gravitational waves—ripples in spacetime—the U.S.-based detector has been picking up on hundreds of signals from black hole mergers. And, after a decade of studying gravitational waves, researchers believe a significant fraction of black holes may come from cosmic chain reactions. A recent paper published in Physical Review Letters describes an analysis of 155 pairs of binary black holes, identified by LIGO and its sisters, Virgo and KAGRA, in Italy and Japan, respectively. According to the study, about 14% of merging black holes may be what’s called “second-generation black holes,” or black holes that form from previous mergers of two smaller black holes. This “hierarchical” backstory is vastly different from the textbook version of how black holes emerge from the explosive death of a star. “Overall in the universe, black holes are merging all the time,” Cailin Plunkett, the study’s first author and a graduate student at the Massachusetts Institute of Technology, told MIT News. “Now we’re seeing a relatively consistent picture where there’s a decent percentage of black holes that are coming from this repeated pathway.”
Tracking the invisible Gravitational waves that reach Earth’s detectors typically come from extremely intense events. Over the years, LIGO has picked up some truly perplexing signals. For example, last summer it found the most colossal black hole merger ever—and if that wasn’t wild enough, the black holes that took part in the merger lie within a cosmic “dead zone” for black holes.
This zone refers to a range of black hole masses in which, physically speaking, black holes can’t form through ordinary stellar collapse. From these discoveries, astronomers realized just how little we knew about black holes, which are challenging to investigate directly. In that sense, it was a no-brainer that the ever-growing catalog of LIGO’s gravitational signals would turn up entirely new insights about black holes. “It is increasingly clear, both from individual events and population analyses, that massive black holes exist in [this] range,” the researchers wrote in the latest paper. “These observations have spurred further investigation into mechanisms that can populate this gap.”
A wobbly imprint The latest research represents one such investigation. During mergers, the two black holes spiral toward each other along an orbital plane. When one or both black hole spins are misaligned, the orbital plane can wobble, or “precess,” the researchers explained to MIT News. The degree to which the disk wobbles acts as a parameter from which researchers can measure the masses and spins of the merging black holes. One telling sign of hierarchical mergers is that they’re “lopsided,” meaning one of the pair has a much higher spin and mass than the other. For the study, the team created an analytic model to capture the kind of wobble that would have emerged from second-generation black holes. Around 14% of merging black holes followed this pattern, and the second-generation black holes identified had a very specific range of masses, at around 20 solar masses or 40 solar masses and above. Of mysterious origins To be fair, that might not sound like a whole lot. But it demonstrates that a sizeable portion of known black holes indeed follow this pattern. As for why, the team suspects hierarchical mergers emerge from dense stellar environments. Simply, when multiple neighboring stars die and collapse into black holes, the dense environment can make it easier for those black holes to find each other and merge. That could further lead to the formation of second-generation black holes. Theoretically, this could “repeat potentially ad infinitum, by virtue of the fact that you have a ton of stars and black holes in this really dense environment,” Plunkett said.
But an ensuing mystery concerns those black holes in the 40-and-above regime, which coincides with the aforementioned “death zones” for black hole masses. According to stellar evolution theory, black holes born of supernovas shouldn’t leave any black holes above roughly 45 solar masses, explained Plunkett. “Yet we have seen black holes that are that massive,” she mused. “And the question is: Where did they come from?” For now, it’s hard to say when we’ll get an answer to that question, if ever. But one thing seems to be clear: black holes are a lot weirder than we could ever imagine. #Scientists #Black #Holes #Born #Black #HolesBlack holes,Gravitational wave,LIGO Scientists Say Some Black Holes Are Born From Other Black Holes
Since LIGO’s Nobel-winning discovery of gravitational waves—ripples in spacetime—the U.S.-based detector has been picking up on hundreds of signals from black hole mergers. And, after a decade of studying gravitational waves, researchers believe a significant fraction of black holes may come from cosmic chain reactions. A recent paper published in Physical Review Letters describes an analysis of 155 pairs of binary black holes, identified by LIGO and its sisters, Virgo and KAGRA, in Italy and Japan, respectively. According to the study, about 14% of merging black holes may be what’s called “second-generation black holes,” or black holes that form from previous mergers of two smaller black holes. This “hierarchical” backstory is vastly different from the textbook version of how black holes emerge from the explosive death of a star. “Overall in the universe, black holes are merging all the time,” Cailin Plunkett, the study’s first author and a graduate student at the Massachusetts Institute of Technology, told MIT News. “Now we’re seeing a relatively consistent picture where there’s a decent percentage of black holes that are coming from this repeated pathway.”
Tracking the invisible Gravitational waves that reach Earth’s detectors typically come from extremely intense events. Over the years, LIGO has picked up some truly perplexing signals. For example, last summer it found the most colossal black hole merger ever—and if that wasn’t wild enough, the black holes that took part in the merger lie within a cosmic “dead zone” for black holes.
This zone refers to a range of black hole masses in which, physically speaking, black holes can’t form through ordinary stellar collapse. From these discoveries, astronomers realized just how little we knew about black holes, which are challenging to investigate directly. In that sense, it was a no-brainer that the ever-growing catalog of LIGO’s gravitational signals would turn up entirely new insights about black holes. “It is increasingly clear, both from individual events and population analyses, that massive black holes exist in [this] range,” the researchers wrote in the latest paper. “These observations have spurred further investigation into mechanisms that can populate this gap.”
A wobbly imprint The latest research represents one such investigation. During mergers, the two black holes spiral toward each other along an orbital plane. When one or both black hole spins are misaligned, the orbital plane can wobble, or “precess,” the researchers explained to MIT News. The degree to which the disk wobbles acts as a parameter from which researchers can measure the masses and spins of the merging black holes. One telling sign of hierarchical mergers is that they’re “lopsided,” meaning one of the pair has a much higher spin and mass than the other. For the study, the team created an analytic model to capture the kind of wobble that would have emerged from second-generation black holes. Around 14% of merging black holes followed this pattern, and the second-generation black holes identified had a very specific range of masses, at around 20 solar masses or 40 solar masses and above. Of mysterious origins To be fair, that might not sound like a whole lot. But it demonstrates that a sizeable portion of known black holes indeed follow this pattern. As for why, the team suspects hierarchical mergers emerge from dense stellar environments. Simply, when multiple neighboring stars die and collapse into black holes, the dense environment can make it easier for those black holes to find each other and merge. That could further lead to the formation of second-generation black holes. Theoretically, this could “repeat potentially ad infinitum, by virtue of the fact that you have a ton of stars and black holes in this really dense environment,” Plunkett said.
But an ensuing mystery concerns those black holes in the 40-and-above regime, which coincides with the aforementioned “death zones” for black hole masses. According to stellar evolution theory, black holes born of supernovas shouldn’t leave any black holes above roughly 45 solar masses, explained Plunkett. “Yet we have seen black holes that are that massive,” she mused. “And the question is: Where did they come from?” For now, it’s hard to say when we’ll get an answer to that question, if ever. But one thing seems to be clear: black holes are a lot weirder than we could ever imagine. #Scientists #Black #Holes #Born #Black #HolesBlack holes,Gravitational wave,LIGO](https://gizmodo.com/app/uploads/2026/07/black-hole-hierarchial-mergers-1280x853.jpg)
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