Does Joby Aviation's Milestone in Dubai Point Toward Further Growth?
Key Takeaways JOBY jumped after piloted eVTOL flights in Dubai, marking a milestone in its push toward commercialization. JOBY plans to develop facilities capable of producing up to 500 eVTOL aircraft annually in Dayton. JOBY stock is up 29.8% YTD, outperforming its industry despite trading at a premium price-to-book valuation.Shares of Joby Aviation (JOBY) , a leading player in the electric vertical takeoff and landing (eVTOL) space, gained in double digits on June 30 following the announcement that its ...