Lilium Stock: An Electric Jet Aviation Company

If you want a flying car, just put wheels on a helicopter. The man who said that commands ~70% market share for electric cars in the United States. Another comment Mr. Musk made was to imagine what a toy drone that’s 1,000 times heavier might sound like taking off from your driveway at 6:00AM. While the flying electric car might be an unrealistic way forward, what about electric airplanes?

If you take a drone and make it 1,000 times bigger so that it can carry a handful of people, isn’t that just an electric helicopter with a dozen rotors instead of one? Wrong. We’re now calling those vertical takeoff and landing (VTOL) aircraft which also describes a helicopter. And we’re back to square one. See how confusing the nomenclature can get?

What about a VTOL that uses jet engines for propulsion? You may be describing a killing machine called the Hawker Harrier. But what if this VTOL jet was powered by electricity? We’ve now arrived at the value proposition of an aviation company called Lilium.

Is Lilium a Publicly Traded Stock?

Let’s get some housekeeping out of the way first. Lilium has announced their intentions to go public using a special purpose acquisition company (SPAC) called Qell Acquisition Corp. (