Think It's Too Late to Buy Joby Aviation? Here's the Biggest Reason Why There's Still Time.

Core Viewpoint - Joby Aviation's stock has increased by approximately 33% over the past year, outperforming the S&P 500's 22% rise, indicating strong investor interest despite the company not yet starting commercial operations [1][2]. Group 1: Company Achievements and Projections - Joby Aviation has made significant progress, with plans to commence commercial operations by the end of 2025, which could further drive stock performance [2]. - The company is currently in the final phase of securing FAA certifications necessary for launching its air taxi service [3]. - Joby Aviation has distinguished itself by being the first eVTOL manufacturer to complete three of the five stages of the FAA type certification program, and it is over 40% complete with the fourth stage [4]. Group 2: Investment Considerations - While there are opportunities for growth, potential investors should be aware that the investment remains speculative due to uncertainties surrounding FAA certification and customer attraction [4]. - Investors willing to accept the inherent risks associated with Joby stock may see substantial gains that exceed the stock's past year performance [5].