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Air-taxi prototype from Joby seen flying over Oakland

Air-taxi prototype from Joby seen flying over Oakland

Joby Aviation Demonstrates Electric Taxi Flight Over San Francisco A flying taxi took to the skies above San Francisco on Thursday, capturing the attention of the local tech community. Joby Aviation’s compact electric aircraft performed a demonstration flight over the Bay, moving near the iconic Golden Gate Bridge. This event drew interest from reporters and […]

Joby, a forward-thinking air-taxi company, broadens its presence in New York City and worldwide with a $125 million agreement as it approaches federal approval for carrying passengers.

Joby, a forward-thinking air-taxi company, broadens its presence in New York City and worldwide with a $125 million agreement as it approaches federal approval for carrying passengers.

Joby Aviation Expands in New York with $125 Million Acquisition Joby Aviation, the innovative air taxi company based in Santa Cruz, California, is increasing its presence in New York and other major cities globally through a $125 million acquisition of Blade Air Mobility’s passenger division. The purchase, announced on Monday, follows Joby’s successful operation of […]

Cantor Lowers Joby Aviation Stock Rating (JOBY) Because of Limited Immediate Potential

Cantor Lowers Joby Aviation Stock Rating (JOBY) Because of Limited Immediate Potential

Cantor Fitzgerald has downgraded Joby Aviation, a manufacturer of Electric Vertical Takeoff and Landing (EVTOL) aircraft, from a buy rating to hold, setting a price target at $9. This decision comes in light of a recent downturn, as Joby’s stock dropped about 8% on Thursday following the downgrade. However, it’s noteworthy that the stock has […]

Electric air taxi company Joby Aviation seeks to make connections in Washington, but has strong links to anti-Trump billionaire Reid Hoffman.

A company focused on electric air taxis, which have been compared to vehicles from “The Jetsons,” is looking to start commercial flights soon. Joby Aviation, the firm in question, aims to receive federal approval and launch passenger services by early 2026. They’ve garnered interest from major players like Uber, Toyota, and Delta. The sleek four-passenger […]