Joby Aviation: A Sweet-Tasting Flight or a Sticky Trap?

Joby Aviation (JOBY) has been flapping its wings like a particularly excitable bluebird in a candy store. As of this writing on Aug. 18, 2025, this eVTOL contraption-maker has soared 105% skyward while the S&P 500 plods ahead like a tortoise in slippers at 9.7%.

But here’s the rub: this sugar-spun dreamer boasts a market cap sweeter than Willy Wonka’s vault and nary a gummy bear’s worth of revenue to show for it. Let’s peer into the chocolate river and see if this golden goose is worth the gamble.

Making history while spilling lemonade

Joby’s just pulled off a stunt no other sky-cart peddler has managed – a 12-minute joyride between airports in California that made the FAA’s grumpy regulators nod like bobblehead dolls. Picture it: a whirring, buzzing teacup zipping past Boeing 747s like a cheeky sparrow dodging a double-decker bus.

The certification process? More tangled than a licorice factory explosion. Joby’s 70% done with their part, while the FAA’s halfway through their slice of the snozzcumber sandwich. Meanwhile, Dubai’s summer heatwave tested these flying toasters at 110°F – hotter than a witch’s cauldron in July.

But let’s talk turkey (or should I say, talking crows?). Their piggy bank’s gaping open: $325 million vanished into thin air this quarter, leaving behind just $15,000 in change – less than a pocketful of gumdrops. With Wall Street predicting less than $60k in quarterly loot for 2025, this valuation’s stretching like Mr. Wonka’s everlasting gobstopper.

The Toyota sugar daddy and other clever tricks

Toyota (TM) – that’s T-Money to its friends – just slipped $250 million into Joby’s pocket like a magician palming aces. This isn’t mere pocket money; it’s a masterclass in manufacturing magic that could turn flying carriage prototypes into mass-produced marvels.

Loading widget...

That Blade Air Mobility nibble? A nifty trick to snatch helicopter routes in New York City – like finding a golden ticket in your chocolate bar. And the L3Harris partnership? A sneaky way to sell military gadgets without waiting for the FAA’s slowcoach approval parade.

To buy or not to buy? That’s the pickle!

Joby’s the sort of future that makes your toes tingle – 40,000 flight miles logged, tech that works, and a CEO who’s been chasing this mirage longer than most fairy tales. But at current prices, you’d better pray for miracles: no regulatory stumbles, no manufacturing mishaps, and definitely no mid-air meltdowns.

Real talk: we’re looking at 2028 minimum before these sky-cabs start printing money. Until then, it’s a cash-burning circus with analysts predicting losses deeper than the BFG’s dream jar. For most folks, it’s smarter to watch from the ground – better to miss the flight than land in a marshmallow swamp. 🚀

Read More

2025-08-19 14:22