UAM/UTM
Uber to Sell Elevate Air Taxi Business to Joby Aviation
Multiple sources are reporting the California-based eVTOL startup, Joby Aviation, is negotiating a potential buyout for Uber’s air taxi unit, Uber Elevate. A deal could be announced later this month. Uber Elevate was formed to develop a network of self-driving air taxis, but to date has been most notable