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Business - CNBC
Air taxi firm Lilium's shares plunge 61% after company says main subsidiaries will file for insolvency
Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for insolvency in the coming days.3 hours ago -
Business - CNBC
Lilium was once a promising 'air taxi' startup worth billions. Now it's on the brink of insolvency
German aerospace startup Lilium faces insolvency if it doesn't raise emergency funding from the state government for the southeastern state of Bavaria.Yesterday