The Motley Fool
How Buying Joby Aviation Stock Today Could 10X Your Net Worth
xCruzo Brief
Joby Aviation, which develops electric vertical takeoff and landing (eVTOL) aircraft, has been trading around $7 a share after starting at $10.62 when it went public via a merger with a SPAC five years ago. The key bottleneck is regulatory: the FAA has not yet fully approved Joby’s first commercial flights. If approval arrives, analysts expect demand for its S4 aircraft—carrying one pilot and four passengers up to 150 miles at up to 200 mph—to accelerate. Backers include Toyota, Delta Air Lines and Uber. Joby projects revenue rising from $53 million to $435 million by 2028, while the global eVTOL market could grow at a 36.8% CAGR from 2026 to 2034.
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