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Delta Air Lines throws $60m at flying taxi startup Joby Aviation

Zolko Silver badge

$60 million investment [...] The sum will give Delta a 2 percent stake in Joby ...

Holy cow ! That would make Joby's valuation at 3 billion !!! For a firm not having ANY product or service, only pipe dreams.

... which counts Uber Technologies among its investors

Well, that explains a lot. How do these crooks raise so much money on so evidently unworkable projects ? Where does all this money come from, and where does it go ?

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