Argo AI is a self-driving car company that was founded in 2016. The company has been making significant progress in developing autonomous vehicles and has partnered with major automakers such as Ford, Volkswagen, and Hyundai. However, Argo AI is not a publicly traded company, which means that you cannot buy its stock on the stock market.
Why Can’t I Buy Argo AI Stock?
Argo AI is a private company, which means that it has not gone through an initial public offering (IPO) to become a publicly traded company. Private companies are owned by their founders, investors, and employees, and they do not have to disclose their financial information to the public. As a result, you cannot buy Argo AI stock on the stock market.
What Are My Options?
If you are interested in investing in self-driving car technology, there are other options available to you. You can invest in publicly traded companies that are involved in the development of autonomous vehicles, such as Tesla, Alphabet (Google), and NVIDIA. These companies have already gone through an IPO and their stock is available for purchase on the stock market.
Conclusion
In conclusion, you cannot buy Argo AI stock because it is a private company that has not gone through an IPO. However, there are other options available to you if you are interested in investing in self-driving car technology. It is important to do your research and consult with a financial advisor before making any investment decisions.
