EV maker Rivian targets to price shares up to $62, putting valuation near $55 billion
Electric vehicle fire up Rivian Automotive is targeting on a market valuation of as much as $54.6 billion in its forthcoming initial public offering, as indicated by its corrected plan recorded Monday. The California-based organization will price shares among $57 and $62, raising up to $9.1 billion at the midpoint cost and all organization stock…