CORRECTION (2026-07-12): An earlier version of this article included dek and key-point comparators claiming SpaceX is preparing for its own Nasdaq debut. That material has been removed and adjacent wording lightly adjusted for readability; the substance of the article is otherwise unchanged. Corrected on 2026-07-12.
Agility Robotics has agreed to merge with blank-check firm Churchill Capital Corp XI in a transaction that values the humanoid-robotics developer at $2.5 billion.
The $2.5 billion valuation reflects investor appetite for robotics and automation plays, even as the broader SPAC market has cooled from its peak fervor.
The companies announced the deal on Wednesday, marking a significant milestone for the Oregon-based firm known for its Digit bipedal robot.
The merger will bring Agility Robotics to the public markets under the ticker symbol associated with Churchill Capital Corp XI.
The $2.5 billion valuation reflects investor appetite for robotics and automation plays, even as the broader SPAC market has cooled from its peak fervor.
Churchill Capital, backed by Michael Klein, has previously executed high-profile de-SPAC transactions, lending credibility to the structure.
The announcement comes at a crowded moment for high-profile technology listings.