Shares of electric vertical take-off and landing (eVTOL) companies Archer Aviation Inc (NYSE:ACHR) and Joby Aviation Inc (NYSE:JOBY) are rising Monday, extending gains from Friday following executive orders aimed at boosting electric air taxis and supersonic commercial aircraft.
The Trump administration intends to regulate drone usage amid safety concerns ahead of next year’s FIFA World Cup and the 2028 Los Angeles Summer Olympics.
Venture capitalist Joe Lonsdale is sounding the alarm on Chinese competition in the flying car sector while showcasing American innovation through Joby Aviation Inc., as regulatory delays threaten US market leadership in the emerging eVTOL industry.
Joby Aviation's announced Saudi Arabia partnership MoU signals significant global expansion potential and has generated investor interest in its future.
Joby Aviation Inc (NYSE:JOBY) shares are trading higher Tuesday after the company announced a new agreement to explore distribution and service partnerships in Saudi Arabia with Abdul Latif Jameel.
Let's have a look at what is happening on the US markets one hour before the close of the markets on Wednesday. Below you can find the top gainers and losers in today's session.
Joby Aviation Inc (NYSE:JOBY) shares are trading higher Wednesday after the company announced the closing of a $250 million investment from Toyota Motor Corp (NYSE:TM).
