German aviation startup Lilium raises $35 million for flying taxi development

The company’s goal is to launch passenger operations in several locations around the world by 2025. Baillie Gifford, the Scottish asset management firm and Tesla’s second-largest shareholder (after Elon Musk) invests $35 million in air taxi startup Lilium which plans an urban taxi service meant to supplant normal car traffic. Baillie Gifford previously backed companies […]

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