{"id":417443,"date":"2021-05-29T10:59:38","date_gmt":"2021-05-29T05:29:38","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=417443"},"modified":"2021-05-29T10:59:38","modified_gmt":"2021-05-29T05:29:38","slug":"amazon-backed-electric-vehicle-firm-rivian-could-seek-70-billion-valuation-in-ipo-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/amazon-backed-electric-vehicle-firm-rivian-could-seek-70-billion-valuation-in-ipo-report\/","title":{"rendered":"Amazon-backed electric-vehicle firm Rivian could seek $70 billion valuation in IPO: Report"},"content":{"rendered":"<p>Electric-truck startup Rivian could target a valuation of about $70 billion in its potential public listing later this year, Bloomberg reported on Friday.<\/p>\n<p>Amazon and Ford-backed Rivian had a valuation of $27.6 billion, Reuters reported in January, after a $2.65-billion investment round led by T. Rowe Price.<\/p>\n<p>Rivian is working with advisers including Goldman Sachs Group Inc, JPMorgan Chase &amp; Co., and Morgan Stanley on an initial public offering, the report said, citing people familiar with the matter. The news outlet in February reported the company could seek a valuation of about $50 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electric-truck startup Rivian could target a valuation of about $70 billion in its potential public listing later this year, Bloomberg reported on Friday. Amazon and Ford-backed Rivian had a valuation of $27.6 billion, Reuters reported in January, after a $2.65-billion investment round led by T. Rowe Price. Rivian is working with advisers including Goldman Sachs Group Inc, JPMorgan Chase &amp; Co., and Morgan Stanley on an initial public offering, the report said, citing people familiar with the matter. The news outlet in February reported the company could seek a valuation of about $50 billion.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-417443","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=417443"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/417443\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=417443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=417443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=417443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}