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Thursday, April 1, 2021

Flying taxi startup Lilium to go public via $3.3B SPAC deal

Lilium Jet 7-SeaterFollowing the recent spate of electric-vehicle startups all announcing plans to go public via so-called “reverse mergers” with a special purpose acquisition company (SPAC), startups in the burgeoning flying taxi industry are now joining the party. It was only in February that American startup Joby Aviation inked a $6.6 billion SPAC...

from Motor Authority https://ift.tt/3fwNarq

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