EV Startup Rivian, Backed By Amazon And Ford, Targets Over $53 Billion Valuation In IPO

Electric vehicle maker Rivian Automotive Inc, which is backed by both Amazon.com Inc and Ford Motor Co, said on Monday it was targeting a valuation of more than $53 billion in its initial public offering in the United States.

from Top Tech News- News18.com https://ift.tt/3w7TWdF