Rivian valued at $93 billion on debut, after world’s biggest IPO of 2021 -Breaking
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© Reuters. A Rivian R1T pickup, the Amazon-backed electric vehicle (EV) maker, is driven through Times Square during the company’s IPO in New York City, U.S., November 10, 2021. REUTERS/Brendan McDermid(Reuters] Rivian Automobile Inc shares opened nearly 37% higher on Nasdaq. This gave the Amazon-backed maker of electric vehicles a market valuation close to $93 billion. It is now the second most valuable U.S. automobilemaker.
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