Soros and ARK Bet $2.5 Billion on Driverless Trucks – Inside Kodiak Robotics’ Bold Wall Street Debut
Kodiak Robotics will go public via a merger with Ares Acquisition Corp II, valuing the autonomous trucking firm at $2.5 billion and raising over $275 million in new funding. Kodiak’s driverless trucks, already hauling freight for Atlas Energy in Texas, have logged 2.6 million autonomous miles. The merged company, Kodiak AI, Inc., will trade on Nasdaq under “KDK” starting Sept. 25, 2025.
