Israeli company Mobileye soars after its Nasdaq debut The share price rose 38% to $28.97 on the first day of trading, giving the company a market capitalization of $23.068 billion. Oct. 27, 2022
Mobileye stocks to begin trading on Nasdaq The Israel-based company’s shares will hit the market at a price of $21, raising some $861 million at a valuation of $16.7 billion. Oct. 26, 2022
Mobileye settles on $16 billion IPO valuation Intel acquired the Israeli company in 2017 for $15.3 billion. Oct. 18, 2022
Mobileye’s self-driving taxi service set to start this year The company released a 40-minute video showing its Robotaxi driving fluidly around Jerusalem at night. April 12, 2022
Israel’s Mobileye quietly files for US IPO The company includes top car brands as its customers including BMW, Audi, Volkswagen, Nissan, Honda and General Motors. March 7, 2022
Israel plans for 400 self-driving electric taxis in 2022 Avner Flor, an official at the Transportation Ministry, said 640 Israeli startups were working on autonomous vehicles with the goal of zero road accidents. Dec. 8, 2021
Intel to make Israeli self-driving car unit Mobileye public in US The deal could value the Israeli unit at more than $50 billion. Dec. 8, 2021
Israeli-developed robotaxis to debut in Munich next year Germany recently enacted a law allowing for driverless vehicles on the roads, making it perfect for early-rider testing. Naama Barak Sept. 26, 2021
Intel announces $600 million boost to Israel operations Israel’s largest private-sector employer plans to open a new R&D campus in Jerusalem for MobilEye. Jon Schiller May 5, 2021