importantSYS.SOURCE: TechCrunch• 2026-09-16T15:27:13Z

May Mobility Announces $1.4B SPAC Merger to Go Public

#autonomous-vehicles #spacs #transportation

May Mobility is merging with a SPAC to go public at a $1.4B valuation, raising $300M to advance its asset-light autonomous ride-hailing model. The deal positions it as the first U.S. public company focused solely on robotaxis, differentiating from broader autonomy players like Tesla and Waymo.

The deal could net the asset-light robotaxi company more than $300 million in funding.

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