Joby: Leader In A Market With Unknown Demand

XH4D Joby (NYSE:JOBY) is developing its own eVTOL (electric Vertical Takeoff and Landing) aircraft, which will be commercialized through both OEM sales and a UAM (Urban Air Mobility) service. The introduction of eVTOL aircraft is expected to drive enormous growth in the UAM market and Joby appears to be one of the leaders at this point in time. While this presents a large opportunity, there are also significant risks, both company specific (technology, regulatory) and market (demand, infrastructure). Joby i ...