Lilium's Air Taxi Dreams Crash! 🚁

Shares of air taxi company Lilium tanked over 60% after announcing that its two main subsidiaries will file for insolvency. 🚁 The German startup failed to raise enough funds to continue operations, and its stock hit a new 52-week low, closing at just 20 cents per share. Lilium was also denied state support from the German government, making its financial recovery even more uncertain. Could this be the end for Lilium’s ambitious air taxi plans?

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