10
Feb
16:24
Rivian mulls $50 billion IPO this year: report
Electric vehicle start-up Rivian is rumoured to be mulling an initial public offering (IPO) this year, after already receiving strong support from the likes of Amazon, Ford and other investors.
Citing unnamed sources, Bloomberg News reported on Tuesday the planned listing could happen as early as September but could also potentially delay until 2022. Rivian would seek a valuation of around $50 billion, it said.
The company, which has raised $8 billion since the…
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Anonymous
Very good overview of the weekly steel market.
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