$12 Billion Burned, Zero Passengers Carried: The eVTOL Cash Bonfire

Twelve billion dollars. Gone. The top ten eVTOL companies have collectively burned through $12 billion in investor capital — four times what was lost during the very light jet craze of the 2000s, and more than Boeing earned even in its most profitable year. Not one of the Western players has carried a paying passenger. The number comes from a cumulative deficit analysis of the industry's publicly