Rivian is positioned for a $60 billion valuation for its U.S. debut, enough to make them as valuable as Honda.
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If that wasn't crazy enough, Ford could be next:
While Rivian has yet to sell any significant volume of its electric vans or trucks, a valuation over $50 billion would make it worth about $15 billion less than its backer Ford Motor Co, which makes about 4 million vehicles a year.

Rivian stock IPO valuation could rival Honda in U.S. - Autoblog
Rivian Automotive, backed by Amazon, is targeting a valuation in its U.S. stock IPO that could make the EV manufacturer almost as valuable as Honda.

While Rivian has yet to sell any significant volume of its electric vans or trucks, a valuation over $50 billion would make it worth about $15 billion less than its backer Ford Motor Co, which makes about 4 million vehicles a year.