Byusnewsr1-

Aug 27, 2021

Irvine-based Rivian files for IPO, seeking $80 billion valuation

Irvine-based Rivian files for IPO, seeking $80 billion valuation

By Ed Ludlow, Siddharth Philip and Kiel Porter | Bloomberg
Rivian Automotive, the Irvine-based maker of electric pickups backed by Amazon.com has filed for an initial public offering and is seeking a roughly $80 billion valuation, according to people familiar with the matter.
The startup said in a statement Friday that it submitted its S-1 registration to the Securities and Exchange Commission,…

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