Self-Driving Truck Start-up Plus Goes Public In $1.2B SPAC Merger, Backed By Wall Street Titan Michael Klein And Hyundai
Plus Automation last week announced it would merge with special function acquisition company Churchill Capital Corp IX (NASDAQ: CCIX) that values the start-up at $1.2 billion and brings $300 million in fresh capital for its push into autonomous trucking by 2027. After closing, the combined business will operate as PlusAI and focus on implementation through its worldwide original devices producer partnerships.
Inspired by Uber and Airbnb– Deloitte’s fastest-growing software application company is transforming 7 billion smart devices into income-generating assets– with $1,000 you can invest at just $0.30/share!
Advanced Virtual Driver Tech Plus Automation Preps for 2027 Launch. Plus Automation is led by a founding team of Stanford-trained PhD engineers and experienced tech entrepreneurs, each with a history of building and scaling innovation-focused companies.
Plus Automation is Changing a $2 Trillion Industry with Physical AI. The European and U.S. trucking markets are valued at nearly $2 trillion, facing persistent shortages of around 300,000 drivers each year, the company says.
