Crazy… I have talked about this on the podcast the past two weeks! Looks like Uber Elevate/Air is being sold~~~~>
  • Uber in talks to sell air taxi business to Joby:   Uber is in advanced talks to sell its Uber Elevate unit to Joby Aviation, Axios has learned from multiple sources. A deal could be announced later this month.    Between the lines: Uber Elevate was formed to develop a network of self-driving air taxis, but to date has been most notable for its annual conference devoted to the nascent industry.   The sale comes as Uber CEO Dara Khosrowshahi works to attain profitability, and follows partial sales of Uber’s money-losing freight and self-driving units….. [read full article on Axios]

  • Uber reportedly will sell its flying taxi business to secretive startup Joby Aviation: Uber’s ambitious and quixotic effort to launch a flying taxi service is coming in for a landing. According to Axios, the ride-hailing company has agreed to sell its Uber Elevate division to secretive startup Joby Aviation….. [read full article on The Verge]
  • Uber is reportedly ‘in advanced talks’ to sell its flying taxi division:  Joby Aviation previously agreed to partner with Uber on air taxi services. Elevate previously ran a helicopter service in New York City, but Uber put that on hold amid the COVID-19 pandemic….. [read full article on Engadget]

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