Autonomous Trucks
Aurora Innovation, the self-driving technology company, has successfully completed a capital raise of $820 million through a public and private offering of its stock. She stated that this capital raise is expected to support the launch of their autonomous trucking business and sustain operations until 2025. Aurora’s stock price experienced fluctuations following the announcement. As of Thursday’s close, the stock price stood at $2.92. Overall, Aurora Innovation’s successful capital raise of $820 million provides a significant financial boost for the company’s plans to launch an autonomous trucking business in 2024.