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News, Analysis & Perspective on Autonomous Vehicles

Mobileye closing on $35 billion market cap after doubling its valuation in three months

Mobileye’s valuation of $16.7 billion when it went public last October was considered to be disappointing by many onlookers. After all, the Israeli self-driving company was dreaming of a valuation of around $50 billion when Intel began looking into taking its Israeli unit public a year earlier, before the economic downturn gutted public markets.

https://www.calcalistech.com/ctechnews/article/bj11cg5a2s

 

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