{"id":331283,"date":"2021-08-27T21:00:00","date_gmt":"2021-08-27T18:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/rivian-reportedly-seeks-valuation-of-up-to-80b-in-ipo\/"},"modified":"2021-08-27T21:00:00","modified_gmt":"2021-08-27T18:00:00","slug":"rivian-reportedly-seeks-valuation-of-up-to-80b-in-ipo","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/rivian-reportedly-seeks-valuation-of-up-to-80b-in-ipo\/","title":{"rendered":"#Rivian reportedly seeks valuation of up to $80B in IPO"},"content":{"rendered":"<p>&#8220;<strong>#Rivian reportedly seeks valuation of up to $80B in IPO<\/strong>&#8221;<\/p>\n<div>\n<aside class=\"single__inline-module alignleft\">\n        <\/aside>\n<p>Amazon-backed electric vehicle company\u00a0Rivian\u00a0is seeking a valuation of around $70-80 billion in its initial public offering, a source familiar with the matter told Reuters on Friday.<\/p>\n<p>Rivian\u00a0confidentially submitted plans to federal regulators for an IPO, the company said in a statement.<\/p>\n<p>The company, which aims to compete with Tesla, is looking to start production of an electric pick-up and an SUV this year.<\/p>\n<p>Rivian\u2019s filing comes as automakers are racing to develop EVs, with China, Europe and other countries and regions mandating lower carbon emissions.<\/p>\n<p>In the United States, traditional carmakers such as <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">General<\/a> Motors and Ford are retrofitting plants for EV production, while Tesla, Taiwanese contract manufacturer Foxconn and several startups are expanding existing plants or are building them.<\/p>\n<p>Earlier this month, Reuters reported that\u00a0Rivian\u00a0was in discussions to invest at least $5 billion in a new vehicle plant near Fort Worth, Texas.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"682\" height=\"1024\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/08\/amazon-rivian-eyes-ipo3.jpg?quality=90&amp;strip=all&amp;w=682\" alt=\"A blue Rivian electric pick-up truck on display beneath signage showing the Amazon logo\" class=\"wp-image-19267721\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/08\/amazon-rivian-eyes-ipo3.jpg?quality=90&amp;strip=all&amp;w=1023 1023w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/08\/amazon-rivian-eyes-ipo3.jpg?quality=90&amp;strip=all&amp;w=682 682w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/08\/amazon-rivian-eyes-ipo3.jpg?quality=90&amp;strip=all&amp;w=341 341w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/08\/amazon-rivian-eyes-ipo3.jpg?quality=90&amp;strip=all 1024w\" sizes=\"auto, (max-width: 682px) 100vw, 682px\"\/><figcaption>Rivian, which aims to compete with Tesla, is looking to start production of an electric pick-up and an SUV this year.<\/figcaption><figcaption><span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<\/div>\n<p>A slew of EV startups, including Nikola, Fisker and Lordstown Motors, have chosen to merge with special purpose acquisition companies, or SPACs, to go public.<\/p>\n<p>Rivian\u00a0did not provide any other details of the IPO.<\/p>\n<p>The company has raised $10.5 billion since the start of 2019, including $2.5 billion in July in a round led by Amazon and Ford.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2021\/08\/27\/rivian-reportedly-seeks-valuation-of-up-to-80b-in-ipo\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Rivian reportedly seeks valuation of up to $80B in IPO&#8221; Amazon-backed electric vehicle company\u00a0Rivian\u00a0is seeking a valuation of around $70-80 billion in its initial public offering, a source familiar with the matter told Reuters on Friday. Rivian\u00a0confidentially submitted plans to federal regulators for an IPO, the company said in a statement. The company, which aims&#8230;<\/p>\n","protected":false},"author":1,"featured_media":331284,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/08\/amazon-rivian-eyes-ipo2.jpg?quality=90&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[114987,2758,70462,5007,75026],"class_list":["post-331283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-8-27-21","tag-amazon","tag-electric-cars","tag-ipo","tag-valuations"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/331283","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=331283"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/331283\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/331284"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=331283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=331283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=331283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}