Where is the editor’s Mea Culpe. ie “We now admit our readers were smarter than we are when it comes to electric aircraft.” ?
From what I’ve seen (and read), the editors have been quite neutral on the subject, simply reporting the news. I have seen assertions from the more rabid anti-eVTOLers that doing just that - reporting - amounts to support of the concept, but I don’t think the more astute readers would agree.
Does reporting on EAGLE, PAFI, or DEI endorse those programs?
Lilium’s management was former Airbus executives who knew how to milk EU governments for grants, loans, and other incentives.
I did some digging, but couldn’t find those grants, loans, and other incentives. I did find news of Germany declining to back a Nice Big Loan, which caused Bavaria to also do the same.
You can bet they did not invest a penny from their fat pensions from a heavily-subsidized Airbus.
Digging up investment data can be a little tricky, with paywalls being common. However, I did find the top ten Class A stock holders from MarketScreener (as of 12/30/24). Four of the top ten (including the top three) were institutional investors. The remaining six (including the Lilium founder) were directors/board members.