Subdued debut on the stock market

Five-seater prototype from Lilium

Lilium is only the third company from the new flight tax business area to venture onto the trading floor.

(Photo: Reuters)

Frankfurt, New York The German air taxi start-up Lilium from near Munich has made it onto the stock exchange. On Wednesday afternoon, the stock of the young company started on the US technology exchange Nasdaq with a loss of up to 4.2 percent and was quoted at 9.02 dollars.

“Today’s milestone brings us even closer to launching our service in 2024 and now makes sustainable high-speed regional air travel a tangible experience for communities around the world,” said Lilium Co-Founder and CEO Daniel Wiegand. “It won’t be an easy path, but we have the technology, the team and the resources that give us the confidence that Lilium will make it,” said Tom Enders, former Airbus CEO and future head of Lilium’s board of directors.

Read on now

Get access to this and every other article in the

Web and in our app for 4 weeks free of charge.

Further

Read on now

Get access to this and every other article in the

Web and in our app for 6 weeks.

Further

.