![]() ![]() This valuation would make the company only slightly less valuable than industry stalwarts General Motors ( GM) and Ford Motors ( F). 9, Rivan disclosed it was targeting a valuation around $67 billion in its initial public offering (IPO), and raised the initial pricing of its shares to $78 from the $57 to $62 range it offered just last week. Rivian Automotive, the California electric vehicle upstart, has filed paperwork with the Securities and Exchange Commission (SEC) to become a publicly company.
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