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26-Year-Old CEO Takes His Autonomous Truck Company Public in $5 Billion Deal

Alex Rodrigues of Embark Trucks is one of the youngest to run a multibillion-dollar listed company.

Embark Trucks CEO Alex Rodrigues

Embark Trucks CEO Alex Rodrigues

Photographer: Steve Jennings/Getty Images

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When Alex Rodrigues started his company Embark Trucks Inc., he couldn’t rent a car without age restrictions. Now 26, Rodrigues becomes one of the first, and youngest, heads of an autonomous-driving company to pitch public investors on the promise that vehicles will soon be able to drive themselves.

Embark started trading Thursday on the Nasdaq under the ticker EMBK. It wasn’t an especially warm reception. The shares fell as much as 7.3% in the first minute of trading.