https://www.reuters.com/article/rivian-ipo/amazon-backed-ev-startup-rivian-targets-over-53-billion-valuation-in-u-s-ipo-idUSKBN2HM375

(Reuters) -Electric vehicle maker Rivian Automotive Inc, which is backed by 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.