Autonomous Driving Startup Aurora Inc. to Go Public in a SPAC Deal With a $13 Billion Valuation

Autonomous driving startup Aurora Inc., co-founded by three industry veterans, plans to go public in a merger with special purpose acquisition company (SPAC) Reinvent Technology Partners Y, a firm led by LinkedIn co-founder Reid Hoffman and Mark Pincus, the founder of game developer Zynga. The transaction will value Aurora at roughly $13 billion and represents the latest high-profile SPAC deal.