Is Joby Aviation’s Stock Worth the Risk Right Now?
Why the excitement? Joby’s stock hopped up after the company announced it would be joining the White House’s eVTOL Integration Pilot Program. Yes, eVTOL – those electric flying contraptions that hover and zoom like something from a child’s dream journal. The White House, under a decree from President Trump, has decided that certain eVTOL crafts, once suitably matured, could begin flying in select markets without the usual bureaucratic red tape of full Federal Aviation Administration (FAA) certification. Oh, the joys of skirting around the regulations that so often bog down the world of aviation. A sweet deal for Joby, no doubt.