EV maker Rivian prices IPO above range to raise over $10 bln -sources - NewsBreak

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By Hernandez in Business
Updated 2 years ago

NEW YORK, Nov 9 (Reuters) - Amazon-backed EV maker Rivian sold shares in its initial public offering (IPO) at $78 per share, above its target range, to raise over $10 billion, people familiar with the matter said on Tuesday. The IPO gives Rivian a valuation of about $66.5 billion. The...

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