Jia Yueting’s robotics business plans a separate listing at a $200 million valuation
By macworks In Quick Takes
Faraday Future (FF) announced plans to merge its robotics business into Nasdaq-listed AIxC (to be renamed FFR) at a $200 million valuation for a separate listing; FFAI will shift its strategy to operating a Robotaxi shared network and smart-cabin technology, and serving as a Physical AI investment holding company.
Specific transaction arrangements remain subject to a definitive agreement, approval by the special committees of the AIxC and FFAI boards, regulatory approval, and official company announcements.
Boss Jia really is winning at life.