Rivian Automotive Boosts IPO Price Range


    Rivian Automotive Inc. increased the expected price of its initial public offering on Friday, with one of the biggest deals of the year now eyeing a roughly $70 billion valuation.

    The electric-vehicle maker backed by Inc. is offering 135 million shares at an expected price between $72 and $74 each. Previously, it expected a range between $57 and $62.


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