/cloudfront-us-east-2.images.arcpublishing.com/reuters/D3SACONTCRIGNECAGMJEKFJ4OI.jpg?fit=%2C&ssl=1 "Electric-vehicle firm Rivian could seek bln valuation in IPO- Bloomberg News")
The logo for electric vehicle startup Rivian is seen on the hood of its new R1T all-electric truck in Mill Valley, California, U.S., January 25, 2020. REUTERS/Nathan Frandino
Electric-truck startup Rivian Automotive Inc could target a valuation of about $70 billion in its potential public listing later this year, Bloomberg news reported on Friday.
Amazon.com Inc (AMZN.O) and Ford Motor Co (F.N)-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…
