Joby, Archer, and Beta stocks surge after DOT selects them for Trump's eVTOL air taxi pilot program — electric flying taxis set to test in 26 states starting summer 2026.
Air taxi pioneer Archer Aviation shares Q4 results with a deeper loss than expected, boosted cash reserves, and key partnerships in defense and tech for future growth.
H.C. Wainwright upgrades JOBY to Buy with $18 target on final-stage FAA progress and eIPP catalyst. Joby beats Q4 loss ($0.14 vs $0.20 expected) and cash ($1.41B vs $1.01B), eyes first passengers in Dubai via Uber + US early ops this year.
Uber now lets you book an electric flying taxi! Joby's air cab seats 4, flies 200mph & launches in Dubai in 2026.
Joby Aviation is scaling electric air taxi production and partnering with Metropolis to build 25 U.S. vertiports, moving closer to commercial urban air travel.
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.
