Aurora Innovation's stock skyrocketed 12.24% in the pre-market session on Thursday, driven by investor optimism following the company's fourth-quarter 2024 earnings release and plans for its long-awaited commercial launch.

In its Q4 earnings report, Aurora announced that it is on the cusp of its planned Commercial Launch, a pivotal milestone towards realizing its mission of delivering the benefits of self-driving technology safely, quickly, and broadly. The company revealed plans to deploy its first driverless trucks on public roads in 2025, paving the way for a future of safer and more efficient freight transportation, as well as immense value creation.

Furthermore, Aurora reported a narrowing quarterly loss of $0.11 per share, meeting analyst expectations. The company's loss narrowed by 15.38% compared to the same period last year, signaling improving financial performance as it advances towards commercialization.