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   Air taxis won't get what they need
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   Plus: Trump's push on Big Oil to cut gas prices faster
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          Thursday, June 25, 2026
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          Electric air taxis need a perfect safety record. They won't get one
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          Electric air taxi companies have real aircraft, real flights, and real money behind them. Joby Aviation is a partner in five of eight federal pilot 
projects. Archer Aviation has a factory ramping up in Georgia. The Federal Aviation Administration has created a formal regulatory pathway for what it calls the first new category of civil aircraft since helicopters. The industry is now years, not decades, from commercial reality.
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          The optimistic case has never been stronger. It also rests on an assumption that deserves scrutiny: that the industry can reach commercial scale without a serious, public, fatal accident.
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          The history of novel 
transportation technologies suggests it can't. When that accident comes, the damage won't be measured in engineering setbacks. It will be measured in public trust, regulatory retrenchment, and years of lost momentum.
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          Any new technology must compile thousands of safe hours to build confidence, but a single failure can destroy it.
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                  Real Flowers Outlast the News Cycle
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           Could one crash ground the air taxi industry for good?
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                           <!--[if !mso]><!-->
                           <a style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: block; 
">
                            One crash would kill public trust forever
                           </a>
                           <!--<![endif]-->
                           <!--[if mso]><a href="https://www.ne16.com/t/10911841/222404108/10048559/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwNi0yNQ&x=494004c8" target="_blank" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: block; ">One
crash would kill public trust forever</a><![endif]-->
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                            The tech is strong enough to survive a setback
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                           <!--[if mso]><a href="https://www.ne16.com/t/10911841/222404108/10048560/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwNi0yNQ&x=0274dcf8" target="_blank" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: block; 
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                            It'd stall, but the industry would bounce back
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                           <!--<![endif]-->
                           <!--[if mso]><a href="https://www.ne16.com/t/10911841/222404108/10048561/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwNi0yNQ&x=8e99588b" target="_blank" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: block; 
">It'd stall, but the industry would bounce back</a><![endif]-->
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           Here's what you need to know
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               <a data-linktext="he CFTC sues Kentucky over prediction market rules." data-linktype="Normal" style="color:#105C8E" target="_blank">
                The CFTC sues Kentucky over prediction market rules.
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              The agency filed suit to stop the state from applying its gambling laws and a new 14.25% excise tax to federally regulated platforms. It marks the first CFTC action against a state with a 
Republican attorney general.
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               <a data-linktext="ByteDance pursues a $20 billion 
offshore loan for AI." data-linktype="Normal" style="color:#105C8E" target="_blank">
                ByteDance pursues a $20 billion offshore loan for AI.
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              The company is in early talks with banks on a deal structured as a three-year term loan that could extend to five years. The move is part of plans to spend up to $70 billion on data centers and AI infrastructure this year alone.
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               <a data-linktext="Engram launches with $98M to slash AI token costs." data-linktype="Normal" style="color:#105C8E" target="_blank">
                Engram launches with $98M to slash AI token costs.
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              Its memory layer trains on company documents in advance so models reuse knowledge instead of reprocessing it each query, cutting token use up to 100 times. Big firms are already pulling back on AI spending 
after token use failed to lift output.
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               <a data-linktext="Alibaba sues the Pentagon over 
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                Alibaba sues the Pentagon over its military blacklist.
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              The company says the Pentagon listed it without legal basis and never replied to its evidence submissions. The designation could bar Pentagon contracts with Alibaba starting June 30. Xiaomi and others have won similar challenges.
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