Uber Stock Dips as It Bets Big on Robotaxis With $5.2B Bond Raise
TLDR
- Uber stock dropped to around $72 on Wednesday after reports of a €4.5 billion ($5.2B) debut eurobond offering
- The five-part bond deal attracted over €21 billion in investor demand, with maturities ranging from 3 to 20 years
- The fundraising supports Uber’s planned $10 billion investment in robotaxis over the next several years
- Uber’s COO Andrew Macdonald bought $5.3 million worth of stock on September 4
- Delivery Hero’s board backed Uber’s $14.8 billion takeover bid, recommending shareholders accept the offer
Uber stock slipped to around $72 on Wednesday morning after Bloomberg reported the company is raising €4.5 billion ($5.2 billion) through its first-ever eurobond offering.
The deal is structured across five parts, with maturities ranging from three to 20 years. Investor demand was strong, with the offering drawing over €21 billion in orders.
This is not Uber’s first visit to the bond market. In September 2025, it raised $2.25 billion through senior notes, and earlier that year priced a $1 billion senior note in May.
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