02
Nov
12:47
Rivian shoots for $60 billion market valuation in IPO
US electric vehicle start-up plans to offer 135 million shares in its initial public offering slated for next week, targeting $57-62/share.
The Amazon-backed firm from Irvine, California, is reportedly targeting a total market valuation of almost $60 billion, including the up to $9.6 billion it could raise from the IPO, if options are exercised.
“For as long as I can remember, I’ve been obsessed with cars. I grew up restoring them in my ne…
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Anonymous
Very good overview of the weekly steel market.
Anonymous