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  • Peter Eavis and Neal E. Boudette

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Rivian prices its I.P.O., valuing the electric-vehicle maker at nearly $70 billion.

The company, backed by Amazon and Ford, has delivered only 156 trucks so far, but its market worth approaches that of Ford.

Rivian, Electric Vehicle Start-Up, Unveils Large Losses in I.P.O. Filing

The company, which is backed by Amazon and Ford, is seeking to sell shares in one of the biggest initial public offerings of the year.