The humanoid robot race heats up after Agility Robotics begins to trade

What happened: Agility Robotics ($AGLT) began trading after merging with Churchill Capital Corp XI, becoming the first U.S.-listed company focused purely on humanoid robots. Key numbers: Shares rose more than 20% in the first two days before settling near the $10 merger price. Merger valued existing equity at about $2.5B. Why it matters: Seeking Alpha analyst IPO Kitchen noted stiff competition from global rivals, including Tesla's Optimus, Figure AI, Boston Dynamics, Unitree and UBTECH. Agility expects annual losses to continue and must hit delivery milestones on its large order. Market: -0.3% today ($259.30), +14.5% YTD, 0.9x vol — as of 23:46 UTC Coverage: 3 outlets in 24h

Agility Robotics ($AGLT) began trading after merging with Churchill Capital Corp XI, becoming the first U.S.-listed company focused purely on humanoid robots.

Seeking Alpha analyst IPO Kitchen noted stiff competition from global rivals, including Tesla's Optimus, Figure AI, Boston Dynamics, Unitree and UBTECH. Agility expects annual losses to continue and must hit delivery milestones on its large order. Market: -0.3% today ($259.30), +14.5% YTD, 0.9x vol — as of 23:46 UTC