Amazon-backed EV Startup Rivian Targets Over $53 Billion Valuation In U.S. IPO

Electric vehicle maker Rivian Automotive Inc, which is backed by Amazon.com Inc and Ford Motor Co, said on Monday it was targeting a valuation of more than $53 billion in its initial public offering in the United States.

from Top Tech News- News18.com https://ift.tt/2ZP1o1p
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