Breaking: Rivian IPO could rival value of Ford

Electric vehicle maker Rivian said it will start trading as a public company on the Nasdaq Stock Market next week under the ticker symbol RIVN at a valuation greater than $60 billion.

The news was first reported by The Wall Street Journal, which said a definitive value would be disclosed in a Securities and Exchange Commission filing expected later Monday. The publication said the value would be in the “low-$60s-billon range.”

If Rivian goes public at that valuation, it would rival current...

https://www.freightwaves.com/news/breaking-rivian-ipo-could-rival-value-of-ford

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