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Aditi Ganguly

Does Aurora Innovation Stock Deserve a Place in Your Portfolio?

AUR UR Aurora Aurora Innovation Stock Market Uber

Founded in 2017, Aurora Innovation, Inc. (AUR) in Pittsburgh, Pa., is a self-driving technology company. On Nov. 4, 2021, the company went public through a reverse merger with special purpose acquisition company Reinvent Technology Partners. AUR raised $2.50 billion in cash through the reverse merger, valuing the company at $11 billion.

AUR co-founder and CEO Chris Urmson said, “This will unlock the capital we need to deliver the Aurora driver as a service at scale.”

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