Drone Startup Elroy Air Is Said to Near $800 Million SPAC Deal
THE SO WHAT
A cargo drone company heading to public markets at roughly $1B enterprise value is a test of whether investors will underwrite autonomy as logistics infrastructure, not a moonshot. If you run mid-mile or regional freight, treat this as a 3–5 year clock on when customers will start asking why you’re still on trucks for certain lanes.
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