TuSimple raises $1.36B in IPO sales ahead of bell-ringing public debut

TuSimple, the first autonomous vehicle software maker to go public, raised $1.36 billion at $40 per share, slightly above the high end of its estimate. Shares begin trading Thursday on the NASDAQ Global Select Market under the ticker symbol TSP.

TuSimple has a valuation of $8.49 billion based on 212 million registered shares.

Prior to its initial public offering (IPO), the San Diego-based startup privately raised $800 million over five years. Most of that came in recent months as it pulled in...

https://s29755.pcdn.co/news/tusimple-raises-136b-in-ipo-sales-ahead-of-bell-ringing-public-debut

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