Joby Aviation Stock Gets NYC Air Taxi Catalyst as Archer Rivalry Heats Up
Joby Aviation on Monday reported it pulled off New York City’s inaugural point-to-point flights using an electric vertical takeoff and landing air taxi, flying its battery-powered craft from John F. Kennedy International Airport out to Downtown Skyport, then over to the West 30th Street and East 34th Street heliports. These eVTOLs lift straight up like helicopters. According to Joby, that same JFK route—typically a 60- to 120-minute slog by car—would take just seven minutes in the air. This is what puts the flights squarely on investors’ radar. For Joby, the big hurdle now is shifting the conversation—from talking up prototypes and certification milestones to drilling down on routes, actual noise levels, and whether anyone’s booking rides. Shares traded at $8.50 ahead of Monday’s open, still hanging about 58% below the $20.39 all-time closing high The Motley Fool reported for Aug. 4, 2025.