Joby Aviation (JOBY) Stock

The Joby Aviation stock price has bounced back and surged to a high of $7.30, its highest level since July 14. It has jumped by almost 60% from its lowest level this year, giving it a market cap of over $5.

Flying taxis could come to a city near you in the next few years, and Joby Aviation is one company leading the charge.

Is Joby poised to be the early winner in the flying taxi market? One high-profile financial firm thinks so.

Technology has made a once-inconceivable idea a commercial reality

Those who believed that this innovative company would skyrocket into the stratosphere have been sorely disappointed so far.

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Joby Aviation (NYSE: JOBY) and Toyota Motor (NYSE: TM) have completed Joby's first international exhibition flight, which took place at Toyota's Technical Center in Japan. This event highlighted the low noise and emissions-free operation of Joby's aircraft, celebrating nearly seven years of collaboration with Toyota, which has contributed its automotive manufacturing expertise.

Could this unloved electric aviation stock finally take off?

Joby Aviation's third-quarter bottom-line performance is anticipated to have been significantly hurt by elevated operating expenses.