Joby Aviation is set to acquire Blade Air Mobility's helicopter rideshare business for up to $125 million. The acquisition includes Blade's brand and passenger operations in the U.S. and Europe, excluding its medical division. Blade CEO Rob Wiesenthal will continue to lead the business as a Joby subsidiary. This deal provides Joby with a network of 12 terminals in key markets, including New York City. Joby plans to integrate its software to manage air taxi operations into Blade's passenger service, eventually transitioning to electric air taxis. The acquisition supports Joby's commercial operations launch in Dubai and its global rollout.