Joby Aviation Inc - Ordinary Shares - Class A Stock News

Joby Aviation is partnering with Virgin Atlantic to launch electric air taxis in the U.K., marking the seventh country in which the startup hopes to one day commercialize.

SANTA CRUZ, Calif. & LONDON--(BUSINESS WIRE)--Joby Aviation, Inc. (NYSE:JOBY), a California-based company developing electric air taxis for commercial passenger service, today announced a partnership with Virgin Atlantic, a premium long-haul UK airline, that will see the companies partner on the launch of Joby's revolutionary air taxi service in the UK. The partnership builds on an existing agr...

2025 is a crucial year for electric Vertical Take-Off and Landing (eVTOL) stocks, with Joby Aviation NYSE: JOBY and Archer Aviation NYSE: ACHR leading the charge.

Joby Aviation NYSE: JOBY has emerged as a pioneering force in the rapidly evolving urban air mobility sector. The company's significant advancements in the electric vertical take-off and landing (eVTOL) industry position it as a frontrunner in the race to revolutionize transportation.

Joby Aviation's income statement currently has minimal impact on its stock price due to the company being pre-revenue. The stock price moves more on news about its progress toward commercialization. Joby is leading in obtaining FAA certification for its eVTOL air taxi.

Most investors know the stock market's long-term average annual return is in the ballpark of 10%. Most veteran investors understand that aggressive efforts to beat this average often result in you underperforming the average.

Joby Aviation (JOBY -0.30%) has disappointed a lot of investors since its public debut. The developer of electric vertical takeoff and landing (eVTOL) aircraft went public by merging with a special purpose acquisition company (SPAC) on Aug. 10, 2021.

Joby Aviation (JOBY -0.15%) is moving toward approval of its electric vertical take-off and landing (eVTOL) aircraft late this year or early next year, which could open up innovative new business models. In this video, Travis Hoium explains the point-to-point business being built today, along with how there's upside from the military and airline deals.