Joby Aviation, Inc.·Industrials

Joby Aviation is aiming to build an eVTOL platform that is roughly equivalent to the ride-hailing experience. Joby's acquisition of Blade Air Mobility has helped it operate in its future market.

Joby Aviation is a frontrunner in the nascent eVTOL space. The company is participating in a White House program that could see it operating eVTOLs in U.S. cities in late 2026.

Joby Aviation, Inc. is the clear frontrunner in the eVTOL sector, nearing FAA certification and imminent commercial launches in Dubai and the U.S. JOBY's vertically integrated model, strategic partnerships, and recent Blade acquisition position it to capture significant advanced air mobility market share. With $1.73 billion net cash and at least a two-year runway, JOBY is well-capitalized to scale operations, but profitability is unlikely before 2030.

On Monday May 18, 2026, Ark Invest sold over $28 million in AMD and TSMC shares while snapping up Nvidia, Tesla, Archer Aviation and Joby Aviation.

Joby has begun flying its FAA-conforming aircraft, and commercial operations could begin sooner rather than later. The company also boasts strong commercial partnerships and a healthy $2.5 billion cash pile.

Heavy cash burn and high-stakes air taxi certification keep this eVTOL pioneer under scrutiny, today, May 18, 2026.
Joby Aviation, Inc., a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service. It intends to build an aerial ridesharing service. The company was founded in 2009 and is headquartered in Santa Cruz, California.
Industrials
Airlines, Airports & Air Services
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2020-11-09
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