New York, May 24, 2026, 14:03 (EDT)
- Joby Aviation ended Friday at $10.92, up 5.0%, and gained about 5.4% for the week; after-hours trading put the stock at $10.84.
- U.S. stock markets are closed Monday, May 25, for Memorial Day, leaving investors to trade the next leg on Tuesday.
- The next listed company event is Joby’s June 2 annual meeting, after a first-quarter update centered on cash, certification and early U.S. operations.
Joby Aviation heads into a shortened U.S. trading week with its shares back above $10 after a 5% Friday gain, a move that left the electric air-taxi developer ahead of the broader market before the Memorial Day break.
The timing matters. There will be no Monday session to test the move, and the stock is trading on a familiar mix: regulatory hopes, cash-use worries and a market still willing to buy speculative growth names when momentum holds.
Joby closed Friday at $10.92, up from $10.36 a week earlier. Volume was heavy at about 35.7 million shares, according to StockAnalysis data, while after-hours trading trimmed the price to $10.84.
The backdrop helped. The S&P 500 rose 0.4% on Friday and logged its eighth straight weekly gain, while the Dow added 0.6% and the Nasdaq rose 0.2%, the Associated Press reported. That kind of tape tends to matter for Joby, whose shares often move with investor appetite for early-stage, high-spending technology companies.
Joby is trying to turn electric vertical takeoff and landing aircraft, or eVTOLs — aircraft that lift like helicopters and fly forward like planes — into a commercial passenger service. The company has not yet reached routine commercial eVTOL operations, so investors are weighing each certification and demonstration step against continued losses.
The latest company update gave both sides of that trade. Joby said this month it ended the first quarter with $2.5 billion in cash, cash equivalents and short-term investments, completed a key FAA certification audit, and flew its first FAA-conforming aircraft for Type Inspection Authorization testing, the stage tied to regulator evaluation of an aircraft design. Chief Executive JoeBen Bevirt said the quarter gave Joby “the clearest path we’ve ever had to beginning passenger operations.” Joby Aero, Inc.
The FAA and Transportation Department in March selected eight proposals for the eVTOL Integration Pilot Program, designed to test next-generation aircraft in real operations and feed data into future rules. Joby appears alongside peers including Archer Aviation and BETA Technologies in several of those projects, tying the competitive race closely to federal test programs rather than just investor presentations.
Reuters reported in March that Joby had begun flying its first production-model aircraft that will undergo certification testing with federal regulators, a milestone toward Type Inspection Authorization. The company is also targeting limited U.S. operations under the White House-backed program and has pointed to Dubai as another launch market.
The first-quarter numbers still show why the stock is not a simple reopening trade. A filing showed revenue of $24.2 million for the March quarter and a net loss of $110.0 million, with net cash used in operating activities of $144.4 million. Joby also warned that if it cannot raise capital or generate enough cash, it may need to slow production, infrastructure or research spending.
That is the main risk paragraph investors will keep coming back to. If FAA timing slips, early operations fail to prove demand, or cash use rises faster than planned, the stock could give back Friday’s move quickly. A higher-rate market would also be less forgiving of a company still funding the road to certification.
For the week ahead, the calendar is thin but not empty. Markets reopen Tuesday after Memorial Day, and Joby’s June 2 shareholder meeting sits just beyond the holiday week. Until then, the stock is likely to trade less on fresh company news and more on whether investors keep paying up for air-taxi names before the next hard update arrives.
