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Is Joby Aviation Stock a Millionaire Maker?
The Motley Fool· 2025-07-12 17:58
Investors are still waiting for this eVTOL stock to take off.Joby Aviation (JOBY -2.35%), a developer of electric vertical takeoff and landing (eVTOL) aircraft, probably hasn't minted any new millionaires since its public debut. Its stock opened at $10.62 after it went public by merging with a special purpose acquisition company (SPAC) nearly four years ago, but it only trades at about $11 as of this writing.Joby's stock didn't take off because it barely generated any revenue, it was racking up steep losses ...