Business Wire
BusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex Times
Back to front
Travis Kalanick returns to rides, this time with Joby air taxi vertiport deal, Yahoo Finance reports
The Apex Times

THE APEX TIMES

Business/The Apex Times/Aug 4, 10:00 AM EDT

Travis Kalanick returns to rides, this time with Joby air taxi vertiport deal, Yahoo Finance reports

A Yahoo Finance report says former Uber CEO Travis Kalanick has struck a deal tied to Joby’s air taxi network, including the use of “vertiports” for takeoffs and landings.

Travis Kalanick, the Uber co-founder and former chief executive who helped build the ride-hailing category, is reportedly returning to mobility, but with a focus on air taxis. A Yahoo Finance report published Monday said Kalanick has landed a deal related to Joby’s aircraft and infrastructure, specifically involving the company’s “vertiports.”

A vertiport is a designated site for aircraft to take off, land, and typically support related ground operations such as passenger access and charging or refueling, depending on the aircraft and system design. In the report, Kalanick is described as shifting from ground-based ride coordination to enabling a hub-and-spoke model for short-distance air mobility.

The Yahoo Finance write-up characterizes the arrangement as a vertiport deal with Joby, an air taxi developer. However, beyond the existence of the deal framework, the report as provided does not include deal economics, site locations, timelines, or whether the agreement covers ownership, development, or operating responsibilities for specific vertiports.

Kalanick’s move also underscores a broader pattern in emerging transport systems, where technology companies increasingly seek partnerships not just for aircraft certification and manufacturing, but for the “last mile” and infrastructure that makes services usable for passengers. For air taxis, that usually means securing real estate, permitting pathways, and the integration of ground access with terminal operations.

Uber’s connection to the story is indirect. The former Uber executive is again participating in a transportation platform, but the reported deal is with Joby rather than with Uber’s own services. Still, the executive leadership and capital-formation playbook that Kalanick helped pioneer in rides could be relevant as air taxi deployments shift from pilots to scalable networks.

As with many early-stage infrastructure arrangements in new mobility markets, key terms determine the real impact, including whether parties share development risk, how revenue is allocated, and how quickly the network can be built and operationalized. The provided report does not detail those elements.

Company or regulatory filings that would normally clarify the scope of an infrastructure agreement were not included in the materials provided for this story, so it is not possible to confirm the exact structure of the agreement from the information on hand.

What to watch next is whether the deal is expanded with additional public details, such as specific vertiport locations, a deployment schedule, and how Joby plans to synchronize aircraft operations with ground infrastructure. Observers will also look for whether this indicates a broader shift by Kalanick’s new business activities toward air mobility infrastructure rather than software-only roles.

Why It Matters

  • Air taxi viability depends heavily on infrastructure, not just aircraft performance, so vertiport deals can influence deployment speed and feasibility.
  • Partnerships involving well-known mobility executives can attract attention and capital as regulators and local governments evaluate permitting and safety.
  • If the agreement includes operating or development responsibilities, it could shape network density, which is often critical to passenger adoption.
  • The lack of disclosed terms means investors and stakeholders will need additional updates before assessing how material the deal is.

Sources

Key Facts

  • A Yahoo Finance report says Travis Kalanick has reached a vertiport deal related to Joby air taxis.
  • The report frames the arrangement as a return to mobility, shifting from ground ride-hailing to air transportation infrastructure.
  • The report specifically references “vertiports,” meaning takeoff and landing infrastructure sites for air taxi operations.
  • The materials provided do not include deal economics, site locations, or timelines.

Autos & Transport Related

Aug 31, 5:22 PM EDT
The Apex Times

Dow slips after Trump AI warning, Tesla shares rise ahead of a key event

A broader market retreat in the Dow Jones followed a warning from President Trump about artificial intelligence. Tesla stood out with gains, while other stocks reportedly moved around important technical levels ahead of an upcoming catalyst.

Dow slips after Trump AI warning, Tesla shares rise ahead of a key event
The Apex Times