EV maker Rivian boosts IPO price range, aims for $65 billion valuation

EV maker Rivian boosts IPO price range, aims for $65 billion valuation

3 years ago
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https://www.reuters.com/article/rivian-ipo/ev-maker-rivian-boosts-ipo-price-range-aims-for-65-billion-valuation-idUSKBN2HQ299

(Reuters) -Rivian Automotive, backed by Amazon.com Inc, 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.

EV maker Rivian boosts IPO price range, aims for $65 billion valuation

Nov 5, 2021, 10:20pm UTC
https://www.reuters.com/article/rivian-ipo/ev-maker-rivian-boosts-ipo-price-range-aims-for-65-billion-valuation-idUSKBN2HQ299 >(Reuters) -Rivian Automotive, backed by Amazon.com Inc, 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.