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Joby to make splash $125M acquisition to speed up the rollout of electric flying cars
Share link:In this post: Joby Aviation is set to acquire Blade Air Mobility’s passenger business for up to $125 million. The acquisition will allow the firm to leverage Blade’s existing infrastructure with a transition phase that will involve both firms’ helicopters and aircraft. Joby Aviation will develop a new class of gas turbine hybrid eVTOL aircraft for military applications in a partnership with L3Harris Technologies.
Stocks rebound despite the Dow’s bearish pattern and Berkshire’s crash
Share link:In this post: Stocks bounced Monday, with the Dow jumping 585 points after last week’s sharp losses. A bearish double top formed in the Dow, pointing to possible further downside. Berkshire Hathaway stock fell over 2% after earnings dropped 4% and no buybacks were made.
Figure Technology files for IPO as SoFi’s Mike Cagney joins the 2025 crypto IPO
Share link:In this post: Figure Technology Solutions, led by SoFi’s co-founder Mike Cagney, has confidentially filed for an IPO with the U.S. SEC. The company specializes in blockchain-based home equity lending and financial infrastructure, and has originated over $5B in HELOCs. IPO details, including the pricing and share count, remain undisclosed and depend on market conditions and SEC review.

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