What would you compare the Rivian to?
My kid races mountain bikes so I have become extremely familiar with Rivian (and Cybertruck) MTB Dad, and I think they are a joke. With only a little planning I can get three bikes and three riders in a Honda Insight, while R1T Dad needs an optional accessory to get even one bike in the bed. People choosing these things are, 99% of the time, not behaving rationally. They are buying luxury goods that they believe signal their environmental credentials.
The cultural irrationality of the truck/car market in the US crosses all ethnicities and class lines. If we are trying to evaluate the effectiveness of EVs, I think we need to compare the Rivian to the closest fossil fuel powered vehicle, even if it's something that causes me to disrespect the people making these choices.
Rivian: 60,140 kg carbon per lifetime.
F150, at 20mpg: 78,740 kg carbon, for fuel alone.
So even ignoring the embodied carbon in an ICE vehicle, and paying comparatively high embodied CO2 cost of a new Rivian, it's better to switch immediately, (if CO2 were the sole concern, which it never is.)