Lilium – Flying Electric Taxis – Another Crazy SPAC?
The flying taxis are coming!
Lilium is a German company who are developing electric air taxis – they are currently in talks to go public via a SPAC.
It seems like they are running out of great companies to SPAC and seems like people are focused on select around buzz words – like mobility and electric vehicles.
Another German company with very similar aims, Volocopter, opted to raise new capital on the private market, bringing in €200 million (about $238 million) for a Series D.