Ray J Inks $31M deal to launch "Raycon," his new electric transportation brand

RayJ is doing big things! According to The Business Wire, he just secured a $31 million deal with a distribution company called Cowboy Wholesale that will help launch his new electronic transportation brand “Raycon.”

If you’ve watched #LHHH, you’ve seen Ray J introduce all kinds of side projects but this deal may be the one that catapults him into a new tax bracket! His electronic transportation line, which includes his Scoot-E-Bike, is said to be the wave of the future.

In a statement Ray J said: “The world is moving towards renewable green energy, and electric transportation is a big part of that. With the Raycon movement, we are going to make sure we are one of the first ones there.”

Congrats to Ray J and his new deal! Can’t wait to see what this next chapter holds for him!

Ray J