Bleecker Street Research
@bleeckerst.bsky.social
Activist short-seller exposing overvalued stocks. Please see website for full disclaimer. www.bleeckerstreetresearch.com
Initial Disclosure: Funds managed by Bleecker Street are short Aurora Innovation (AUR). Please see the full disclosure at the end of the report.
May 20, 2025 at 3:46 PM
Initial Disclosure: Funds managed by Bleecker Street are short Aurora Innovation (AUR). Please see the full disclosure at the end of the report.
We doubt the $AUR model will ever be viable, even with another $2-3 bn of fresh capital. An industry expert questioned $AUR's timeline & entire economic premise:
"They need to survive like 10 years past launch, at which point they maybe will start offsetting their costs.”
"They need to survive like 10 years past launch, at which point they maybe will start offsetting their costs.”
May 20, 2025 at 3:46 PM
We doubt the $AUR model will ever be viable, even with another $2-3 bn of fresh capital. An industry expert questioned $AUR's timeline & entire economic premise:
"They need to survive like 10 years past launch, at which point they maybe will start offsetting their costs.”
"They need to survive like 10 years past launch, at which point they maybe will start offsetting their costs.”