EV maker Rivian boosts IPO price range, aims for $65 bln valuation - NewsBreak
By Flemming in Business
Updated 2 years ago
Nov 5 (Reuters) - Rivian Automotive, backed by Amazon.com Inc (AMZN.O), on Friday significantly raised the expected offer price of its shares, with the electric vehicle manufacturer aiming for a valuation of as much as $65 billion in its initial public offering. The company, which last month disclosed nearly $1...