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Rivian Closing in on IPO

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Nov. 2, 2021—Electric truck maker Rivian will have an initial public offering next week and seeks a $60 billion valuation, The Wall Street Journal reports.

Backed by Amazon, Rivian is also antitipating the release of its R1T pickup. Rivian hopes it will be trading on the Nasdaq markets by next week.

Check out this review of the R1T and its many features from ADAPT.

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