https://www.reuters.com/article/rivian-ipo/rivian-valued-at-over-100-billion-in-debut-after-worlds-biggest-ipo-of-2021-idUSKBN2HV1QG

(Reuters) -Shares of Rivian Automotive Inc surged as much as 53% in its Nasdaq debut on Wednesday, giving the Amazon-backed electric vehicle maker a market valuation of more than $100 billion after the world's biggest initial public offering this year.