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Illustration: Lazaro Gamio/Axios

Uber is seeking strategic alternatives for its Uber Elevate business, including strategic partnerships or a partial sale, Axios has learned from multiple sources.

Why it matters: This reflects Uber CEO Dara Khosrowshahi's obsession with achieving profitability, as evidenced by partial sales of Uber's money-losing freight and self-driving units. A company spokesman declined comment.

The bottom line: Uber Elevate's goal is to develop a network of self-driving taxis, with its website suggesting a launch year of 2023.

  • It also had a helicopter service running in New York City, but suspended those operations during the pandemic. At last check, the unit had around 80 employees.

Go deeper

Dan Primack, author of Pro Rata
Dec 15, 2020 - Economy & Business

Blade takes electric flight to the public markets

Illustration: Aïda Amer/Axios

Blade, a short-distance aviation company best known for helicopter rides from airports to city centers, agreed to go public via a reverse merger with a special purpose acquisition company (SPAC) affiliated with KSL Capital Partners.

Why it matters: Blade wants to become the first publicly traded company to offer electric vehicles in the air.

More corporations are requiring workers to get vaccinated

Graphic: Axios Visuals

Life for the unvaccinated could get more difficult as bosses increasingly move to make COVID-19 vaccines mandatory.

The big picture: The federal Government in May said that it is legal for companies to require employees to get vaccinated for coronavirus.

White House: Over 500,000 new shots recorded Friday, highest since July 1

Photo: Anna Moneymaker/Getty Images

The United States recorded more than half a million new COVID-19 vaccine shots on Friday, the highest number since July 1, White House deputy press secretary Karine Jean-Pierre said.

Why it matters: The Delta variant is continuing to spread across the United States and it now comprises over 80% of the coronavirus cases in the country, Jean-Pierre said. A report from the Centers for Disease Control and Prevention noted that "vaccination is the most important strategy to prevent severe illness and death."