Joby Aviation Stock Soars: Here’s Why Investors Are Buzzing

Another day, another moonshot—but this time, it's electric.

Joby Aviation shares ripped higher today as the eVTOL pioneer cleared another regulatory hurdle, putting aerial ridesharing one step closer to reality. The FAA just greenlit expanded testing, and Wall Street's suddenly all-in on the 'flying car' narrative.

Why the surge? Institutional money’s piling in, betting that urban air mobility will bypass traffic—and traditional transport giants. Short sellers got caught mid-yawn, scrambling to cover as volume spiked 300%.

Meanwhile, retail traders are diving in headfirst, fueled by visions of skipping rush hour via app-summoned aircraft. Because nothing says 'disruption' like avoiding gridlock at 1,500 feet.

Of course, skeptics whisper about burn rates and the long road to commercialization. But today? The market’s voting with its wallet—and for once, it’s not just another meme-stock circus. Mostly.

Just remember: in aviation, the takeoff’s optional—but the landing’s mandatory. Ask any crypto investor.

Image source: Getty Images.

President Trump loves to fly

The eIPP in question was itself announced by executive order in June, with the White House promising to "create a pilot program testing flying cars, also known as electric vertical take-off and landing (eVTOL) aircraft." Joby notes that this program "directs the Department of Transportation (DOT) and Federal Aviation Administration (FAA) to ensure that mature eVTOL (electric vertical take off and landing) aircraft can begin operations in select markets ahead of full FAA certification," which could potentially give the company a revenue boost, and sooner than if full certification were required before operations begin.

Joby argues it has a leading position in this race because it "has the most mature eVTOL aircraft in the sector," which has flown 600 times in 2025 alone, and it has amassed a total of more than 40,000 miles of flight across its fleet. Moreover, the company is already in stage four (out of five) in the FAA Type Certification process and expects to begin test flights with FAA pilots aboard next year.

Is Joby stock a buy?

Now, don't get too excited. Even if Joby is in the lead here, this race is a marathon, not a sprint, and profits remain a long way off. Analysts who follow Joby don't expect it to report its first profit until 2031.

Until Joby turns profitable, the stock remains speculative.