AI & Enterprise
SKT sells two-thirds of Joby Aviation stake, effectively exits UAM business
SK Telecom has effectively withdrawn from the urban air mobility business after disposing of two-thirds of its stake in U.S. manufacturer Joby Aviation. SKT said it sold 66.6 percent of its Joby Aviation shares in the fourth quarter of 2025, reducing its remaining stake to 0.7 percent from 2.1 percent. SKT invested about $100 million in Joby in June 2023 and formed a strategic partnership.
