Joby Aviation: Major Progress Ignored
Joby Aviation(JOBY) Seeking Alpha·2024-06-06 22:20
MARHARYTA MARKO As with a lot of other former SPACs, Joby Aviation, Inc. (NYSE:JOBY) now trades at all-time lows while the business model is full-speed ahead. The future air taxi service is busy manufacturing eVTOLs (electric vertical take-off and landing aircraft) and working on final FAA certification. My investment thesis remains ultra-bullish on the stock, with the company heading toward a big 2025. Finviz Final Hurdles The major eVTOL players went public via SPACs back in the 2020/21 time frame, and th ...