Joby Aviation (NYSE: JOBY) is positioned to make flying taxis a reality, backed by $800 million in funding and recent FAA advancements, yet it faces increasing competition and has yet to generate revenue. Investors must weigh the potential of this innovative urban mobility stock against the risks of entering a crowded market.
Explain It To Me Like I’m 5: Joby Aviation is working on making flying taxis a real thing, but some people wonder if investing in them is a good idea since they haven’t made any money yet and there are others trying to do the same.
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