The First Pure-Play Humanoid Robot Stock Is About to Go Public. Here's What Investors Need to Know About Agility Robotics.

Agility Robotics, maker of the Digit humanoid robot, is going public through a SPAC merger with Churchill Capital Corp XI at a $2.5 billion valuation. While the company has impressive technology and $300 million in orders, it lost $140 million on only $1.8 million in sales last year. The stock is expected to be highly volatile as investors debate whether humanoid robots will mainstream within weeks or take a decade, with most tech IPOs declining in their first months after going public.