https://www.theguardian.com/technology/2020/dec/09/uber-sells-loss-making-flying-taxi-division-to-joby-aviation

Decision over Elevate comes after ride-hailing app ditched efforts to make self-driving car

Uber has sold its loss-making flying taxi division, Elevate, to a Californian startup as it abandons costly side projects in an attempt to turn a profit next year.