Joby Aviation Stock Rises as Air Taxi Demand Data Gives Bulls a Fresh Lift

Shares of Joby Aviation dropped 4.8% to $10.61 in Friday afternoon trading, as the electric air-taxi company announced plans to raise new capital, pushing the stock further down.

Shares of Joby Aviation Inc were steady near $11.14 premarket on Friday, following a steep nearly 17% slide a day earlier. The electric air-taxi maker is raising new capital, which weighed on investor sentiment.

Joby Aviation shares fell sharply on Thursday, dropping 16.8% to $11.14. The electric air taxi maker unveiled a bigger-than-anticipated fundraising deal, introducing more stock and a new tranche of convertible debt.

Shares of Joby Aviation dropped almost 14% in premarket trading Thursday, following a sharp selloff late Wednesday after the electric air-taxi maker announced an upsized stock offering alongside a convertible bond deal. The stock last traded near $11.50, down from Wednesday’s close at $13.37.

Joby Aviation shares enter Monday facing a Jan. 15 deadline to finalize its $61.5 million Ohio factory purchase, following a roughly 0.9% gain on Friday that pushed the stock to $15.39. U.S. markets remain closed over the weekend.

Joby Aviation’s stock has been on a remarkable upward trajectory in 2025, reflecting growing enthusiasm for its electric air taxi vision. As of the beginning of October 2025, the stock was trading in the high teens – a dramatic climb from about $5 a year earlierts2.tech. On October 3, 2025, shares closed around $18.26, capping off a week in which the stock jumped roughly 10% amid positive news flow. Over the past six months, Joby’s share price has gained well over 200%, and it has more than tripled year-over-year, vastly outperforming the broader marketts2.techainvest.com. This surge has pushed Joby well above most analyst price targets, underscoring the bullish market sentiment contrasted with cautious analyst outlooksts2.techts2.tech.