{"id":447341,"date":"2021-11-05T09:37:45","date_gmt":"2021-11-05T04:07:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=447341"},"modified":"2021-11-05T10:41:14","modified_gmt":"2021-11-05T05:11:14","slug":"ev-startup-rivian-could-be-worth-nearly-as-much-as-honda-in-u-s-ipo","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ev-startup-rivian-could-be-worth-nearly-as-much-as-honda-in-u-s-ipo\/","title":{"rendered":"EV startup Rivian could be worth nearly as much as Honda in U.S. IPO"},"content":{"rendered":"<p>Rivian Automotive Inc, which is backed by Amazon.com Inc, is targeting a valuation of more than $53 billion for its U.S. debut, making the electric vehicle manufacturer potentially almost as valuable as rival Honda Motor.<\/p>\n<p>The startup is looking to raise up to $8.4 billion, setting it up to be the third-largest initial public offering (IPO) by funds raised in the past decade in the United States.<\/p>\n<p>Only three other companies have raised more than $8 billion while going public since 2011, according to data from Dealogic.<\/p>\n<p>Alibaba raised a record $25 billion in 2014, Meta Platforms Inc garnered $16 billion in 2012, while Uber made $8.1 billion in 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rivian Automotive Inc, which is backed by Amazon.com Inc, is targeting a valuation of more than $53 billion for its U.S. debut, making the electric vehicle manufacturer potentially almost as valuable as rival Honda Motor. The startup is looking to raise up to $8.4 billion, setting it up to be the third-largest initial public offering (IPO) by funds raised in the past decade in the United States. Only three other companies have raised more than $8 billion while going public since 2011, according to data from Dealogic. Alibaba raised a record $25 billion in 2014, Meta Platforms Inc garnered $16 [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-447341","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/447341","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=447341"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/447341\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=447341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=447341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=447341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}