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

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Monday, 1 November 2021

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.

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