EV maker Rivian likely to fetch nearly $107 billion valuation in market debut

EV maker Rivian likely to fetch nearly $107 billion valuation in market debut

2 years ago
Anonymous $np3LcwuhSi

https://www.reuters.com/article/rivian-ipo/ev-maker-rivian-likely-to-fetch-nearly-107-billion-valuation-in-market-debut-idUSKBN2HV1QG

(Reuters) -Amazon-backed EV maker Rivian Automotive Inc was set to fetch a valuation of nearly $107 billion on Wednesday, as its shares were indicated to open more than 60% above their offer price on the Nasdaq.