Rivian Seeks $63 Billion Valuation With IPO
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Rivian Automotive boosted the price range for its much anticipated initial public offering on Friday, less than a week before its shares will begin trading.
The all-electric truck maker plans to sell 135 million shares at $72 to $74 each, according to a prospectus. This is up from a range of $57 to $62 the company set last week.
Rivian plans...