Did Joby Aviation Just Make a Killer Deal, or Is Blade a Lemon? @themotleyfool #stocks $JOBY $LUV $AAL $BLDE $ACHR
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2 Articles
Did Joby Aviation Just Make a Killer Deal, or Is Blade a Lemon? @themotleyfool #stocks $JOBY $LUV $AAL $BLDE $ACHR
Key PointsJoby is buying Blade's air mobility business for up to $125 million.The news added nearly $3 billion in market cap to Joby.The eVTOL company is still not earning material revenue.10 stocks we like better than Joby Aviation › Joby Aviation (NYSE: JOBY) delighted investors on Monday when it announced the acquisition of Blade Air Mobility's (NASDAQ: BLDE) passenger business. The move gives Joby ownership of what might be the best-known br…
Through its acquisition of Blade Air Mobility, Joby, the leading company in the manufacture of take-off and vertical landing electric aircraft, announced a major step in the aviation world by purchasing the Blade Air Mobility for $125 million. This acquisition aims to enhance Joby ' s capabilities to provide sustainable electrical air transport services by taking advantage of the Blade Air Mobility system ' s short flight routes, sophi…
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