Business
Rivian Automotive Boosts IPO Price Range
Rivian Automotive Inc. elevated the anticipated worth of its preliminary public offering on Friday, with one in all many best gives of the yr now eyeing a roughly $70 billion valuation.
{The electrical}-vehicle maker backed by Amazon.com Inc. is offering 135 million shares at an anticipated worth between $72 and $74 each. Beforehand, it anticipated a ramification between $57 and $62.
https://www.wsj.com/articles/rivian-automotive-boosts-ipo-price-range-11636150921?mod=pls_whats_news_us_business_f | Rivian Automotive Boosts IPO Worth Range