Rivian seeks $80B valuation in confidential IPO filing

Rivian has filed for its Initial Public Offering (IPO) with the SEC confidentially and is seeking an initial valuation of $80 billion, according to reports. Rivian, an electric car company headed by founder and CEO RJ Scaringe, is set to deliver its first vehicles in September. Ahead of the first deliveries of the R1T, Rivian … Continue reading Rivian seeks $80B valuation in confidential IPO filing