other material
confidence medium
sentiment positive
materiality 0.75
Jet.AI reports $13.5M cash, $5M SpaceX stake, flyExclusive merger vote June 11
Jet.AI Inc.
- Cash of $13.5M and no debt at March 31, 2026, up from $1.8M at December 31, 2025.
- flyExclusive merger on track for shareholder vote on June 11, 2026.
- Acquired $5M economic interest in SpaceX; holds $17.23M in AIIA (SPAC) shares.
- Data center JV secured natural gas supply for 500MW campus and environmental permits.
- Extended non-compete for CEO and CFO to 2 years; added clawback provision for breaches.