ENVXW - Reinvent Technology Y/Aurora Innovation - Is This Zero Revenue Decacorn An Opportunity Or P/E Bubble Spillover?
- Reid Hoffman’s third SPAC Reinvent Technology Y is merging with Aurora Innovation in a $10.56B EV deal.
- Aurora Innovation is among the top businesses aiming to commercialize self-driving technology.
- As a zero revenue decacorn, putting money on this SPAC is akin to buying into the outside chance that self-driving technology will turn out to be a winner-takes-most business ultimately.
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Reinvent Technology Y/Aurora Innovation - Is This Zero Revenue Decacorn An Opportunity Or P/E Bubble Spillover?