Solutions with Henry Blodget How This Company is Building Flying Taxis
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Sep 1, 2025 
Stuart Simpson, CEO of Vertical Aerospace, is on a mission to make flying taxis a reality, while Jason Mudrick, founder of Mudrick Capital Management, supports this revolutionary venture as its largest shareholder. They discuss the exciting timeline for commercial flying taxis, projecting availability by 2028. The conversation dives into the technological advancements needed for eVTOL aircraft, the concept of vertiports in urban transportation, and the essential regulatory frameworks that will ensure safety in this emerging industry.
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Why eVTOLs Beat Surface Congestion
- Vertical eVTOLs solve urban congestion by using wings for efficient cruise and rotors for vertical takeoff and landing.
- That wing-borne cruise lets them work with current battery technology and expand urban transport capacity.
Cost And Noise Are The Real Helicopter Killers
- eVTOLs are quieter, zero-emission, and far cheaper to operate than helicopters due to simpler maintenance and redundancy.
- Vertical projects operating costs around $2 per seat-kilometre, comparable to Uber Black at launch.
Design To The Highest Safety Standard
- Design eVTOLs to meet the highest aviation safety standard (10^-9) to enable operations over populated areas worldwide.
- Prioritize redundancy across batteries, motors, and flight controls to meet that certification bar.