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Joby and Blade Stocks Surge on $125 Million Helicopter Ridesharing Deal

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Source: Barron's
Joby and Blade Stocks Surge on $125 Million Helicopter Ridesharing Deal
Photo: Barron's
TL;DR

Joby Aviation is acquiring Blade Air Mobility in a deal valued up to $125 million, expanding its urban air mobility infrastructure and passenger base, with Blade continuing operations as a subsidiary and the deal expected to close soon.

Topics:business#acquisition#blade-air-mobility#business#electric-air-taxis#joby-aviation#urban-transportation
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  1. Joby and Blade Stock Jump on Acquisition News  Barron's
  2. Joby Aviation Aims for Commercial Flights with Deal for Blade Air’s Passenger Unit  The Wall Street Journal
  3. Joby To Acquire Blade’s Passenger Business, Accelerating Air Taxi Commercialization  Joby Aviation
  4. Blade, Joby stocks rally after companies strike $125 million deal on helicopter ridesharing business  Yahoo Finance
  5. Joby Stock Jumps; These Defense Stocks Rise  Investor's Business Daily

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