This Flying Car Stock Just Got a White House Boost. Should You Buy Its Shares Here?

Core Viewpoint - Joby Aviation is a leading developer in the eVTOL aircraft sector, aiming to transform urban air mobility for passengers and goods, with significant partnerships and advancements towards FAA certification and production [1][6]. Company Overview - Established in 2009, Joby Aviation is headquartered in California and operates globally [2]. Stock Performance - Joby stock has shown notable volatility in 2025, increasing by over 7.2% in the last five days, but experiencing a 13.4% decline for the month due to profit-taking; however, it has gained 130.6% over six months, 77% year-to-date, and 170% over the past year, indicating strong investor optimism [3]. Financial Performance - Joby Aviation reported disappointing Q2 2025 results, with an earnings per share loss of $0.41, worse than the expected $0.19, and quarterly revenue of only $15,000, missing the forecast of $43,000 by a significant margin, representing a 46% decline year-over-year [4][5]. - The company experienced a substantial increase in net losses, reaching $324.7 million, a 163% rise compared to Q2 2024, while total operating costs rose by 16% year-over-year, driven by a 20.7% increase in research and development expenses [5]. Financial Position - Despite financial challenges, Joby maintains a strong financial position with $991 million in cash and short-term investments, supported by a $250 million investment from Toyota [6]. - The company has achieved significant operational milestones, including 70% completion of Stage 4 FAA certification and successful flight-testing campaigns in Dubai [6]. Future Outlook - Joby has set a full-year cash burn guidance of $500-$540 million for 2025, excluding impacts from the proposed Blade Air Mobility acquisition, and is focused on scaling production, obtaining regulatory approvals, and enhancing strategic partnerships to drive commercialization [7].