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Illustration: Sarah Grillo/Axios

Uber is in advanced talks to sell its Uber Elevate unit to Joby Aviation, Axios has learned from multiple sources. A deal could be announced later this month.

Between the lines: Uber Elevate was formed to develop a network of self-driving air taxis, but to date has been most notable for its annual conference devoted to the nascent industry.

The sale comes as Uber CEO Dara Khosrowshahi works to attain profitability, and follows partial sales of Uber's money-losing freight and self-driving units.

  • Axios had previously reported that Uber was seeking a buyer.
  • Elevate 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.

Santa Cruz, Calif.-based Joby Aviation had previously partnered with Uber Elevate, and has raised over $700 million from firms like Toyota, Intel and JetBlue.

An Uber spokesman declined comment.

Correction: An earlier version of this story incorrectly said that the deal was signed.

Go deeper

Dec 16, 2020 - Economy & Business

Lyft to offer self-driving taxis in several cities in 2023

A self-driving Lyft in Las Vegas. Photo courtesy of Motional

Autonomous vehicles will be available on Lyft's ride-sharing network in multiple U.S. cities beginning in 2023, Lyft and self-driving tech company Motional announced Wednesday.

Why it matters: It represents a potential milestone in the commercial rollout of self-driving technology, which AV developers say will lead to safer, lower-cost transportation.

Students vandalize and steal from schools for viral TikTok challenge

TikTok logo displayed on a phone screen in Krakow, Poland on July 18, 2021. Photo: Jakub Porzycki/NurPhoto via Getty Images

A viral TikTok challenge is leading students nationwide to shatter mirrors, steal fire alarms and intentionally clog toilets, The Washington Post reports.

Driving the news: Dubbed the the “Devious Licks challenge, students are showing off their "devious licks" on TikTok — with a sped-up version of "Ski Ski BasedGod" by rapper Lil’ B playing in the background.

Axios-Ipsos poll: People of color face more environmental threats

Expand chart
Data: Axios/Ipsos poll; Note: ±2.5% margin of error; Chart: Sara Wise/Axios

Americans of color are much less likely than white Americans to experience good air quality or tap water or enough trees or green space in their communities, and they're more likely to face noise pollution and litter, a new Axios-Ipsos poll finds.

The big picture: Our national survey shows Black and Hispanic Americans are more likely than their white counterparts to live near major highways or industrial or manufacturing plants — and to have dealt in the past year with water-boil notices or power outages lasting more than 24 hours.