Rivian Files for IPO Seeking $80 Billion Valuation: Report - NewsBreak

Rivian, an electric vehicle maker with big name backing, has filed for an initial public offering seeking an $80 billion valuation according to a published report Friday. The company, which has received support from Amazon.com (AMZN) - Get Amazon.com, Inc. Report and Ford (F) - Get Ford Motor Company Report, is targeting a market debut in late November, Bloomberg reported, citing people familiar with the matter.