Amazon-Backed EV Start-Up Rivian Targeting a Valuation Over $60 Billion in IPO - NewsBreak

Electric vehicle start-up Rivian Automotive is aiming for a more than $60 billion valuation in its initial public offering, sources familiar with the matter told CNBC. Rivian plans to go public as soon as next week and the valuation could shift by then. Rivian, which is backed by Amazon...