General Motors' self-driving unit, Cruise, could be worth $43 billion, RBC Capital Markets estimates.
The autonomous arm received a valuation of $11.5 billion from Japan's SoftBank in May.
GM is reportedly eyeing a spin-off or tracking stock for Cruise, Bloomberg reported last month.
Follow GM's stock price in real-time here.
Cruise, the self-driving car company bought by General Motors in 2016, could be worth a whopping $43 billion, RBC Capital Markets estimates.
That new valuation is...
According to a report on Tuesday, popular YouTube personality Mark Rober has been working with Apple's special projects group since 2015 on the development of virtual reality technology for self-driving cars.
Zoox, a once-secretive self-driving car startup, is closing a $500 million at a $3.2 billion post-money valuation, Bloomberg Businessweek reports. Prior to the deal, Zoox was valued at $2.7 billion, Zoox confirmed to TechCrunch. The round, led by Mike Cannon-Brookes of Grok Ventures, brings its total amount of funding to $800 million. Zoox’s plan, according […]