Lilium stock price plummets to penny territory as FAA green light for flying taxis can’t save it from insolvency
Today, air taxi firm Lilium revealed in a U.S. regulatory filing that its two main subsidiaries will file for insolvency in ...
Archer Aviation’s Stock Climbs And Descends Faster Than Its Air Taxi
It has been a turbulent 30 days in the stock market for Archer Aviation (ACHR). It could become even more whipsaw for the ...
Flightglobal4d
Lilium sale gathers pace but employees face anxious wait
Lilium sees robust interest from would-be buyers as the sale of the troubled German electric air taxi developer heats up.
Air-taxi maker Lilium to file for insolvency after failed fundraising efforts
German air-taxi maker Lilium said on Monday it would file for insolvency "soon", after efforts to solve its cash-crisis failed to yield results.
Air Taxi Funding Has Stalled Over Europe — Here’s Why
Europe's flying taxi leaders are burning through cash — and investors aren't rushing to fill the gap for eVTOL startups ...
Hosted on MSN1mon
Air taxi firm Lilium's shares plunge 61% after company says main subsidiaries will file for insolvency
Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its ... only to return closer to its opening drop. The stock closed at a new 52-week low for the day, down 61% ...
NBC Bay Area1mon
Lilium was once a promising ‘air taxi' startup worth billions. Now it's on the brink of insolvency
Founded by four university students in 2015, Lilium rapidly gained a reputation as one of Europe's best-funded air taxi firms ... more than 95% plunge from its stock market debut.
Investing8d
Analysis-Lilium's fall throws spotlight on air-taxi cash crunch
(Reuters) -The race to become the first Western air-taxi company to carry passengers lost a high-profile competitor this month when Germany's Lilium succumbed to a cash crisis, throwing a fresh ...