Joby Aviation to acquire Blade's passenger business
Rob Wiesenthal, Blade founder and CEO, and JoeBen Bevirt, Joby Aviation founder and CEO, join 'Squawk Box' to discuss the sale of Blade's passenger division to Joby Aviation, democratizing aviation, what the deal means for both companies going forward, and more.
Joby Will Buy Blade's Helicopter Taxi Business for $125 Million
Joby Aviation, which is developing electric aircraft, will acquire the passenger business of Blade, a New York helicopter operator, for $125 million.
Joby Aviation and defense contractor L3Harris to test autonomous hybrid aircraft
Joby Aviation is often cast as a developer of commercial electric air taxis, but the publicly traded company has also pursued a separate track to market through a long-standing relationship with the U.S. Department of Defense. Now, its years of research and development with the Department of Defense may be paying off.
Flying Cars 101: Why Joby Aviation Is Ahead
Joby Aviation is the best-capitalized eVTOL leader, boasting regulatory progress, strong partnerships, and a vertically integrated ride-hailing model for urban air mobility. The company's momentum is driven by FAA certification advances, exclusive Dubai operations, and robust manufacturing scale-up, with commercial service targeted for 2025-2026. Valuation is based on future dominance in a potentially trillion-dollar market, with revenue and EPS forecasts showing rapid growth and improving profitability by 2030-2031.
Joby's Takeoff Has Just Started
Joby began production of FAA-conforming aircraft in Q1 2025 and delivered its first to the U.S. Department of Defense. The Marina factory doubled capacity to 24 units annually, while the Dayton site is scaling to 500 aircraft per year. A $1 billion MOU with Abdul Latif Jameel strengthens the company's international commercialization plans, beginning with Dubai in early 2026.
Joby Aims to Double Production Capacity: What's the Path Ahead?
JOBY expands its Marina facility to double aircraft output as it gears up for global air taxi operations.
2 Stocks Under $20 With Massive Potential Still
Stocks are a volatile bunch today, with Wall Street suffering from whiplash amid Trump's Fed Chair rhetoric.
Joby Aviation says it is doubling production at its air taxi manufacturing hub
Joby Aviation said it has doubled capacity at its California production facility, which will make up to 24 aircraft annually. The eVTOL maker also said it is starting production at its Dayton, Ohio, manufacturing site for aircraft components.
Joby Aviation doubles pilot eVTOL facility capacity as it races toward air taxi launch
Joby Aviation has doubled the size and production capacity of its pilot manufacturing facility in Marina, California as it races to commercialize eVTOLs (electric vertical takeoff and landing vehicles) by early next year.
JOBY Gains 33.9% in a Month: Buy, Sell or Hold the Stock?
JOBY jumps 33.9% in a month, driven by the Dubai milestone, but questions around profitability and valuation persist.
Does Joby Aviation's Milestone in Dubai Point Toward Further Growth?
JOBY shares soar after successful piloted eVTOL flights in Dubai, signaling progress toward urban air mobility goals.
Joby Aviation stock soars: Flying taxi company completes first successful test flights in Dubai; launch set for 2026
Dubai just took one step closer to its goal of launching electric air taxis in early 2026.
