While it's probably unlikely that most cars will be airborne by 2050, the technology will almost certainly be there. Morgan Stanley has predicted that the flying vehicle industry could be worth $1.5 by 2040.
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Flying cars could finally be on the horizon. Aska, a California-based startup, is working on an electric aircraft that can drive on US roads. The Aska A5 is scheduled to land in 2026 with a price tag near $800,000.