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    Rivian Automotive Boosts IPO Price Range

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    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 Amazon.com 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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