Joby Aviation Is Down 25% Since June 1. Should You Buy the Dip?
In spite of its market performance, Joby Aviation has been making impressive progress in 2026.
Overview
Joby Aviation (NYSE: JOBY) is an aviation start-up that's designing a flying taxi, otherwise known as an electric vertical takeoff and landing (eVTOL) aircraft.
Don't let the term "flying taxi" fool you: Joby's aircraft looks nothing like the flying bubble cars on The Jetsons. Rather, Joby's eVTOL has six rotors that tilt independently, a stunning mechanism that lets it take off vertically like a helicopter, then fly forward like an airplane.
Image source: Joby Aviation.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.