Here's Why 2025 Could Be a Big Year for Joby Aviation
Joby Aviation (NYSE: JOBY) is losing money and will likely continue to do so for years to come. But it doesn't mean that important progress on the business front isn't being made. And if the company can achieve this one big goal in 2025, the year will end up being a pivotal turning point for the upstart aircraft manufacturer.Joby Aviation is a high-risk investment at this stage of its development, but here's why this year is so important.Joby Aviation is building an airplane manufacturing operation. That in and of itself is a pretty audacious goal, given the capital-intensive nature of the business. It isn't attempting to take on the industry leaders, though. It is looking to jump into a burgeoning niche of the industry, vertical lift short-haul air taxis. The idea is right out of a science fiction novel.Continue reading
Joby Aviation (NYSE: JOBY) is losing money and will likely continue to do so for years to come. But it doesn't mean that important progress on the business front isn't being made. And if the company can achieve this one big goal in 2025, the year will end up being a pivotal turning point for the upstart aircraft manufacturer.
Joby Aviation is a high-risk investment at this stage of its development, but here's why this year is so important.
Joby Aviation is building an airplane manufacturing operation. That in and of itself is a pretty audacious goal, given the capital-intensive nature of the business. It isn't attempting to take on the industry leaders, though. It is looking to jump into a burgeoning niche of the industry, vertical lift short-haul air taxis. The idea is right out of a science fiction novel.
