Air Taxi Startup Joby May Go Public by Merging With a Blank Check Company
A Joby aircraft. The Electric passenger aircraft developer Joby may go public through a merger with a blank-check acquisition firm, or SPAC. Joby
Skift Take: Joby Aviation, a startup that's building an electric aircraft capable of making vertical takeoffs and landings inside cities, may seek to go public soon. If it does so by merging with a special-purpose acquisition company, it will copy similar moves by helicopter taxi service Blade and Richard Branson's Virgin Galactic.
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