Swedish driverless trucking startup Einride listed on Nasdaq at $1.35bn via SPAC, down 73% from $5bn bank talks. Autonomous trucking rivals have struggled post-listing.

Einride debuts on Nasdaq via a $1.35 billion SPAC merger with Legato III, hitting public markets the same week as SpaceX's massive IPO listing.

Swedish driverless trucking startup Einride listed on Nasdaq at $1.35bn via SPAC, down 73% from $5bn bank talks. Autonomous trucking rivals have struggled post-listing.