Rivian Automotive aims for an IPO valuation of just over $60 billion

Rivian Automotive Inc. is seeking to get a valuation in the low range of $60 billion in its initial public offering next week, one of the largest and Most Anticipated Deals So far a successful year for new releases.

Amazon.com Inc Starting the electric car It plans to disclose the targeted assessment in an updated regulatory filing later Monday, according to people familiar with the matter. The roadshow for the company’s management and its insurers to offer the shares to potential investors will begin on Tuesday, and the shares are set to begin trading on the Nasdaq next week under the symbol RIVN.

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