Joby Aviation (JOBY) Stock Surges After FAA Gives Permit To Fly

Published: June 28, 2023, 3:36 p.m.

b"Joby Aviation (JOBY) shares are surging today after the FAA gives the air-taxi a go-ahead for the first test flight. The Joby Aviation business model is similar to a rideshare app. Caroline Woods weighs in on the company hoping to offer commercial flights on its all-electric aircraft by 2025. Also, the Toyota CEO is set to join Joby Aviation's Board on Saturday. The JOBY stock price is up 148% year-to-date."