US Edition
Joby Aviation Acquires Global Air Mobility Business to Accelerate Air Taxi, Med Transport Plans
UNITED STATES AND EUROPE, AUG 4 – Joby Aviation gains access to Blade's 12 urban terminals and customer base to accelerate electric air taxi launch after Blade flew over 50,000 passengers in 2024.
- On August 4, 2025, Joby Aviation, Inc. announced an agreement to purchase Blade Air Mobility’s urban passenger transportation division for a consideration of up to $125 million.
- Joby sought the acquisition to gain immediate access to Blade's existing infrastructure, customer base, and urban terminal network spanning the U.S. and Europe.
- In 2024, Blade transported over 50,000 travelers through a network of a dozen urban terminals, such as JFK and Newark Liberty airports, along with several sites across Manhattan, solidifying its position as a top helicopter ride-share provider.
- Joby CEO JoeBen Bevirt described the purchase as a key move that will help initiate Joby’s commercial services in Dubai and drive its expansion on a global scale.
- The deal will keep Blade as a wholly owned subsidiary led by CEO Rob Wiesenthal during a transition phase before shifting fully to Joby’s electric air taxis, with closing expected in coming weeks.
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Joby Aviation acquires global air mobility business to accelerate air taxi, med transport plans
Joby Aviation just made a major move in the race to launch air taxis, and it could reshape emergency transport too. Here's who the manufacturer acquired to position itself for future advancement.
·United States
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Can Joby Aviation (JOBY) Test $25?
Key Points Last trading at $19.85, JOBY is up $2.68, or about 16% on the day All after the company announced it would acquire Blade Air Mobility’s passenger business for about $125 million. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; get sta…
·New York, United States
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Total News Sources17
Leaning Left1Leaning Right0Center8Last UpdatedBias Distribution89% Center
Bias Distribution
- 89% of the sources are Center
89% Center
11%
C 89%
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