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Rivian files for IPO, $80 billion target is 350 times Tesla’s IPO valuation

By greencarreports.com 08/27/2021 - 20:38 08/27/2021 Greencarreports

The electric vehicle maker Rivian confirmed Friday that it is planning to pursue an initial public offering (IPO) this fall, aiming for a valuation that’s roughly 350 times that of Tesla’s IPO in 2010. Rivian confirmed Friday that it has submitted its S-1 registration to the U.S. SEC. Bloomberg noted that Rivian would seek roughly an… More…