- Joby Aviation stock has surged 160% since April, hitting an all-time high.
- CEO JoeBen Bevirt’s 12% stake is now worth approximately $1.3 billion.
- Renewed interest in eVTOL tech and U.S. government support fueled the rally.
After years of turbulence, Joby Aviation has taken flight again—both literally and financially. The electric air-taxi pioneer has seen its stock skyrocket 160% since April, reaching record highs.
Much of the optimism stems from the U.S. government’s increasing focus on advanced air mobility. A newly signed executive order launched a federal pilot program to accelerate development in the sector.
JoeBen Bevirt Reclaims Billionaire Title as Joby Aviation Lifts Off on Government Backing
Joby’s rise is part of a growing trend in electric aviation, with global players racing to secure defense and commercial contracts. The Department of Defense has signaled strong interest in eVTOL technology, positioning companies like Joby as strategic assets for both urban mobility and national security.
To meet expected demand, Joby recently announced plans to double production capacity at its main California facility. This expansion is seen as a critical step toward realizing the company’s commercial goals, including potential routes like Manhattan to JFK in just seven minutes.
The flying taxi sector is heating up, with companies like Tesla and Amazon‘s Zoox entering the autonomous transport space. While Joby focuses on piloted aircraft, its rivals’ push into self-driving taxis could reshape consumer expectations and raise the innovation bar.
JoeBen Bevirt, a Stanford-educated engineer and seasoned entrepreneur, has founded multiple startups before Joby. His long-term vision of clean, efficient aerial mobility is driving the company’s development—and now, potentially, its future dominance.
Joby Aviation’s resurgence has reignited faith in electric air mobility and put its visionary founder back among the billionaire elite. With infrastructure growing and public interest soaring, the skies may be the next frontier for urban transport.
“The future belongs to those who believe in the beauty of their dreams.” — Eleanor Roosevelt
Bevirt’s relentless pursuit of flying taxis echoes this enduring vision.
