Agility Robotics (CCXI/AGLT): $2.5B Humanoid SPAC, $1.8M Revenue | Layer 10
Agility Robotics, maker of the Digit warehouse humanoid, is going public through a SPAC merger with Churchill Capital Corp XI (CCXI, future ticker AGLT) at a $2.5 billion pre-money value. A September SEC filing, as reported by The Robot Report, shows about $1.8 million of 2025 revenue and roughly a $140 million operating loss, so the deal values the company at around 1,400 times last year's sales. In this deep dive on Layer 10 of the robotics stack (full-stack humanoids), Elena and Theo explain what a SPAC is and why buying CCXI today is not yet buying a robot company. The bull case: more…
The skinny
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