Rivian Seeks $63 Billion Valuation With IPO

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https://www.barrons.com/articles/rivian-seeks-63-billion-valuation-with-ipo-51636150682


Updated Nov. 5, 2021 6:18 p.m. ET / Original Nov. 5, 2021 6:17 p.m. ET

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Rivian Automotive boosted the terms scope for its overmuch anticipated archetypal nationalist offering connected Friday, little than a week earlier its shares volition statesman trading.

The all-electric motortruck shaper plans to merchantability 135 cardinal shares astatine $72 to $74 each, according to a prospectus. This is up from a scope of $57 to $62 the institution acceptable past week.

Rivian plans...


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