Subscribe
Manufacturing

Rivian files for IPO, seeking about $80 billion valuation

Rivian Scaringe
Rivian CEO RJ Scaringe (BLOOMBERG/Bloomberg)
B
By:
Bloomberg
August 27, 2021 03:21 PM

Rivian Automotive Inc., the maker of electric pickups backed by Amazon.com Inc., has filed for an initial public offering and is seeking a roughly $80 billion valuation, according to people familiar with the matter.

Featured Stories

Trump floats exceptions for auto parts facing 25% U.S. tariffs
Trump floats exceptions for auto parts facing 25% U.S. tariffs
Average advertised price of vehicles back above $50,000 as tariff reality sets in, discounts wane
Average advertised price of vehicles back above $50,000 as tariff reality sets in, discounts wane
Who are the auto winners from Trump’s tariffs? It’s not that simple.
Who are the auto winners from Trump’s tariffs? It’s not that simple.
Tariffs could push up new-vehicle prices, testing limits of affordability
Tariffs could push up new-vehicle prices, testing limits of affordability

Latest News

Mini charts course to mainstream market with bigger, practical Countryman
Live updates on tariffs: Trump considers auto parts exemptions
Trump floats exceptions for auto parts facing 25% U.S. tariffs
Supplier dispute threatens to halt production of some of GM’s most profitable trucks
Staying current is easy with newsletters delivered straight to your inbox.

See More in Manufacturing

Live updates on tariffs: Trump considers auto parts exemptions
Trump floats exceptions for auto parts facing 25% U.S. tariffs
Who are the auto winners from Trump’s tariffs? It’s not that simple.
Daily 5 report for April 11: Tariffs force UAW President Shawn Fain to walk a political tightrope
Staying current is easy with newsletters delivered straight to your inbox.