Home Markets As Electric Air Taxis Land on Stock Markets, Investors Need a Flight...

As Electric Air Taxis Land on Stock Markets, Investors Need a Flight Guide

1

A few years ago most investors had never even heard of “air taxis.” Now they need to decide whether to board early movers with a high-altitude but low-definition view of the potential market, or else wait for the technology to land somewhere more specific.

On Wednesday, California-based Joby Aviation completed its merger with a special-purpose acquisition company. Its shares initially popped 40%, confirming that investors were counting the days until the first air-taxi company reached the stock market. They will soon get more options: Archer Aviation, Vertical Aerospace and Lilium Air Mobility also focus on electric vertical-takeoff-and-landing vehicles, or eVTOL, and are scheduled to close similar deals. Others may be waiting in the wings, such as the lesser-known Swiss startup Dufour Aerospace, which is putting a special focus on air ambulances.

For eVTOL vehicles, the most feasible road to success is to become a…

Click here for full article…www.wsj.com