Goldman Sachs initiates coverage on Joby Aviation with a Sell rating and Archer Aviation with a Neutral rating, citing valuation concerns, certification uncertainty, and manufacturing challenges.
Joby sued rival Archer, alleging stolen files were used to "one-up" a real estate deal. Joby calls it espionage; Archer says the suit is baseless.
Archer Aviation (ACHR) reports Q3 2025 loss of $0.20 per share, beating estimates, and announces $126M acquisition of LA's Hawthorne Airport as strategic air taxi hub.
The UAE aims to approve flying cars (air taxis) by late 2026. This key certification delay caused stock prices for major eVTOL companies to fall.
Tesla CEO Elon Musk claims the long-delayed Roadster will be able to 'fly' and promises an unforgettable demo by the end of the year.
Joby’s quiet electric air taxi flew successful demos globally and locally in Salinas, building public trust for accessible city flights.
