Rivian Targets IPO Valuation Around $55 Billion

NTD Newsroom
By NTD Newsroom
November 2, 2021NTD Business
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Electric truck maker Rivian’s IPO could come as soon as next week. And for a company that hasn’t made a profit yet, the valuation is sky-high. If it hits that target, it’ll be worth more than Honda and about the same as Ford.