Watch CNBC's full interview with Blade founder and CEO Rob Wiesenthal on going public via SPAC

Private air travel company Blade Urban Air Mobility is going public through a SPAC. It is merging with Experience Investment Corp., a blank check company, in a deal expected to close in the first half of 2021. Blade will also receive another $125 million from notable investors, including David Geffen as well as original investors Barry Diller, David Zaslav and Robert Pittman. Blade founder and CEO Rob Wiesenthal joined "Squawk Box" on Tuesday to discuss.